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Business For Sale
AUTO REPAIR
Attn:
Cheryl Warren
North Las Vegas, NV, USA
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Listing Number: "101-13443"
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Listing
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Asking Price: |
$381,500
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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2000 |
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# of Employees:
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3 |
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Yearly Revenues:
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$699,791 |
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Yearly Net Profit:
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$190,584 |
Business for Sale Overview:
6 bay Auto Repair Shop located on a very high traffic street in North Las Vegas with stop light at closest intersection that seller states continues to create new business daily for the shop. The training and ongoing support offered by the Franchiser is so strong that a buyer wouldn't even need a background in automotive according to the seller. Property manager states that rent could be reduced to buyer by blocking off approximately 3,100 square feet (7th & 8th bays) of the shop. Franchise offers optional packages to the franchisee such as: Fleet program, Credit Card program, National Parts Purchasing, National Advertising Campaigns, National Employee Development & Recruiting program, National Employee Assistance, and mystery shoppers to critique the store, per the area developer. According to the seller: average ticket is $280, average of 50 vehicles per week, and the average hourly labor rate is $89.28 (daily reports available to qualified buyers).
Property Features and Assets:
Leased location of 3,600 square feet with a total rent of $5,400. Seller is active in business with 3 full time employees. $5,000 Accounts Receivable Included. $200,000 Down OWC Balance for 48 months @ 8%.
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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