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Asking Price:	$450,000 USD USA Dollars
Business for Sale Industry:	Auto & Mech: Services & Gas Stations
Reason for Selling:	Spend more time developing his Real Estate investments
Year Established:	2005
# of Employees:	6 full time, 1 part time
Yearly Revenues:	$576,271
Yearly Cash Flow:	$115,813
Yearly Gross Income:	$576,271
Monthly Payroll:	$14,000

Business for Sale Overview:

Since their grand opening in April of 2005, this well known franchise has grown due to excellent customer service and a fast start with commercial accounts developed by a commission only sales men. The owner has an excellent staff and does not work full time in the business. If you are an experienced business person with good people skills, this is an ideal opportunity. No knowledge of auto repair is required. You will learn how to select the technical and sales staff required to run an efficient operation. An owner should be willing to work in the store 25 plus hours a week. The counter and technical staff are excellent. Monthly royalties are 6% and 2% for advertising. The franchise transfer and training fee is $11,500 which includes the required franchise training.

Property Features and Assets:

This is located in a central Wayne County city which is well traveled by Ford Motor Company commuters. The building visible but much larger than it looks from street because of its placement. There are 13 hoists including 4 designed for commercial vehicles. The physical assets include an alignment rack, extensive computer diagnostic equipment, tools, a flat screen TV, waiting room furniture, shop maintenance equipment, office furniture, the Point Of Sale system and more. The current base rent is $8,500 per month but the Owner has a sub lease off set of $1,400 a month plus 14% of additional expenses. The lease expires 3/19/2020.

Market Competition and Expansion:

There is an excellent opportunity to growth both wholesale and retail sales due to the unusually high number of commercial business and commuters in the area. Because of the high ceilings, this is one of the few locations, in the franchise system, that can accommodate large equipment. This creates an excellent opportunity to grow the commercial side of the business. This franchise has state of the art diagnostic equipment and can service all US and foreign vehicles. Other independent shops can’t compete with their level of quality and service. The franchise advertises on the radio, the internet and the areas stores support a full page yellow pages ad.

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.