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Business For Sale
FRANCHISED AUTO REPAIR BUSINESS
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Asking Price: |
$140,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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The owner is retiring after 20 years. |
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Year Established:
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1988 |
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# of Employees:
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2 |
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Yearly Gross Income:
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$276,263 |
Business for Sale Overview:
This is a well known auto repair franchise that is celebrating 20 plus years of taking care of the cars and the people who ride in them. The new franchisee will work closely with a team of professionals providing local guidance and support with marketing, operations, sales management and training. The training programs are regarded as the best in the business and come as an integral part of your support package. Purchase the up and running franchise and save all of the start up costs.
Property Features and Assets:
The business is housed in a 2,200 square feet freestanding building and has 3 bays. It rents for $4,156 per month NNN and the lease term expires July 2010. The sale would be subject to a new lease. The building is in very good condition and has room for 30 cars on the paved lot. There is also a visible well lit sign.
Market Competition and Expansion:
Competition: This auto repair franchise is in a protected area. The closest franchise is 7 miles away in Annapolis.
Growth and Expansion: This franchise needs new blood and an excited owner/operator. Possibly adding a state inspection station would be a way to increase sales.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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