Asking Price: $499,000Two Auto Repair Shops Business-only
Atlanta, GA
Fulton County
Both Locations:Please do NOT speak to the employees! Only visit as a customer! Seller will not do a deal with you if you speak to employees!Two auto repair shops in Douglasville and Atlanta, GA!Combined Sales are $1,100,000 per year!Net Profit is over $190,000 per year AFTER paying $340,000 in total payroll for both the shops as well as rent and all other expenses!Seller only runs the back-office at the Douglasville location and only visits the Atlanta location twice a week! Seller does ZERO mechanic work and is minimally involved in operations. Huge upside for an active owner-operator to mitigate payroll and take home more than $250,000 per year! Both shops are well-established franchise operations with full staff and equipment in place!Franchise transfer fee is $10,000 for each location.Both Shops are Closed on Sundays! Equipment Value is $70,000 PER STORE! Total $140,000 in Equipment Value! Douglasville Location:Sales are $600,000!Net Profit is over $135,000 per year AFTER paying $180,000 in employee payroll as well as rent and all other expenses!Rent is only $4,500 NNN plus CAM with the current term ending May 31, 2029, with one additional 5-year renewal option available!High Average traffic count of 28,100 vehicles passing by the store each day!Population within a 5-mile radius is increasing substantially at 5% per year! Location is in a growing market with steady customer demand and residential development nearby!Located in Metro-Atlanta! 30 min from Carrollton, GA! 40 min from Marietta, GA!Atlanta Location:Sales are $500,000 per year!Net Profit is currently $55,000 per year AFTER paying $160,000 in employee payroll as well as rent and all other expenses!Rent is only $7,100 total with the renewal term running through July 15, 2030.Seller is absentee and visits the business only twice per week! Huge opportunity for an Owner-Operator to increase sales and reduce payroll!High Average traffic count of 16,300 vehicles passing by the store each day!Population within a 5-mile radius is increasing substantially at 4.53% per year! Located in a busy corridor with strong residential and retail density! Restaurants nearby are Hajime, Nino's Italian Restaurant, 26 Thai Kitchen & Bar, Mama's Cocina Latina, Six Feet Under Pub & Fish House and Little Rey!Hotels nearby include Holiday Inn Express & Suites, Residence Inn by Marriott, Emory Conference Center Hotel, and Hilton Garden Inn!Near to Emory University with over 20,000 students and faculty!Located in the City of Atlanta! Asking Price for Both Businesses has been reduced to $499,000 plus inventory! Inventory is guesstimated at $10,000 per shop.
Asking Price: Not Disclosed
