AMCO Franchise, Presidents Award Winner. SBA Ap...

San Jose, CA
Santa Clara County

Asking Price: Annual Revenue:
$275,000 $695,380

Miscellaneous: Non-classifiable

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RE: AMCO Franchise, Presidents Award Winner. SBA Ap... Broker: Jc Myer

Quick Facts

Asking Price: $275,000
Annual Revenue: $695,380
Net Profit: Not Disclosed
Cash Flow: $94,288
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 5
BBN Listing #: 777864224
Broker Reference #: CAMPBCA001-51819

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Business Overview:

Easily accessible location in an automotive repair focused block that has complimentary business as neighbors. Boasting a clean well kept shop, this AAMCO has been run by the same family since 2008. Customer reviews frequently state how honest the owner is and that the team is professional and attentive. The honesty and down to earth approach has earned this location a very dedicated and appreciative customer base. Franchise information: ? Security deposit $5,000* ? Transfer fee $6,000 ? License fee $39,500: $20,000 upon acceptance, $19,500 at signing ? Term is 15 years, plus a 15-year option ? Non-compete of seller: 2 years, 10 miles, and no AAMCO franchise ? Training included: 145 hours classroom, 240 hours hands-on** ? Insurance coverage: $1,000,000 per occurrence ? Lease rider ? Franchise fees: 7.5% weekly on gross sales ? Advertising fees: 4% of gross sales per week plus other options for local, $150.00 per month national ad fund * Security Deposit is refundable if offer is declined by franchisor ** Cost of lodging & travel is not covered by the franchisor or the seller

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Reason for Selling:

Seller is retiring

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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