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Business For Sale
PROFITABLE AUTO CARE SERVICE FRANCHISE
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Asking Price: |
$495,000
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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Retirement |
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Year Established:
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1985 |
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# of Employees:
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10 Full Time |
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Yearly Revenues:
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$864,000 |
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Yearly Cash Flow:
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$102,000 |
Business for Sale Overview:
This business is managed by the owner, who does not do any of the auto repair himself. Between the franchiser and the owner, you will get trained in how to run this business, and while experience in the auto industry is helpful, it is not necessary.
This business is one of a chain is positioned in the gigantic $200 billion (approximately) after market automotive industry. This market will continue to grow, as consumers continue to use their vehicles longer. Industry estimates put the average age of vehicles in use at nearly 10 years old! In addition, many traditional service stations (gas stations with mechanics) have closed. These two trends are important factors in why specialty car repair shops will be in high demand for years to come.
The auto after market is a mature industry, and while nothing is recession-proof, this industry is not dependent on a robust economy. On the contrary, when money is tight people will delay the purchase of newer vehicles, and thus rely on maintaining their current auto.
The facility is 7,800 square feet total, with almost ten years of lease term and option period remaining. The business has 12 bays, and processes 160 cars a week.
Property Features and Assets:
7,800 square feet building.
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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