Owner Financing is Available!
Business Overview:
Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. This well established seven bay auto center is a nationally recognized brand and one of the world's largest providers of automotive service, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Established profitable operations already have the equipment, inventory and employees in place. Located in one of New England’s most charming and desirable areas, this business offers a buyer a unique opportunity to live, work, and relax near the beach and diverse recreational and cultural activities. This prime location is characterized by an affluent population and minimal automotive service competition. The national franchise benefits from a high 95% brand awareness, exceptional advertising and 50+ years of experience in providing training and support systems to franchisees that are geared towards business success. Sales for 2011 of $835,000 produced a positive cash flow of $223,000, affording an Owner/Operator a lucrative salary after bank financing payments. The business is pre-approved for bank / SBA financing of 85% of the sales price for 10 years at 6.75% to qualified Buyers. The current owner is retiring from the business and operates several profitable shops in Southeast Massachusetts. They are being offered for sale individually, or may be combined in a multi-location package deal to an investor / partnership with more aggressive financial objectives.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Auto repair center is a nationally recognized brand and one of the largest providers of auto service, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Fully equipped, modern seven bay prototype building with attractive customer waiting area, plenty of storage area, and 12 parking spaces. Classroom and on-line training is provided by Franchisor per the FDD. Additional two weeks of training and several months of consulting would be provided by Seller. Franchisees benefit from complete training and marketing support and a franchise leadership team committed to long-term franchisee growth.
Market Competition and Expansion:
There is minimal national or regional brand competition in the area. The national franchise benefits from a high 95% brand awareness, exceptional advertising and 50+ years of experience in providing training and support systems to franchisees that are geared towards business success. Benefit from strategic alliances on the supply side and effective advertising campaigns to maximize your business. Significant growth potential to an energetic entrepreneur through expanding car counts and diversification of services, including scheduled maintenance, tires, etc. Qualified dealers may seek expansion through multi-unit ownership.
Reason for Selling:
Owner wishes to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.