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 six bay Midas 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 at the busy intersection of Routes 16 and 85 in Milford, MA, this business has excellent visibility and is close to several shopping malls and the downtown center. This Midas franchise offers a buyer a unique opportunity to live and work in a desirable New England community with excellent demographics and minimal automotive service competition. The Midas franchise benefits from a high 97% 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 2010 of $618,371 produced a positive cash flow of $115,673, affording an Owner/Operator a lucrative salary after 3rd party financing payments. The current owner is retiring from the business after 33 successful years.
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:
Midas Auto 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 six bay prototype building with attractive customer waiting area, plenty of storage area, and 23 parking spaces. Classroom and on-line training is provided by Franchisor per the FDD. Additional week 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. Prior automotive experience is not required.
Market Competition and Expansion:
There is minimal national or regional brand competition in the area. The national franchise benefits from a high 97% 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 owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
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