Business For Sale

Car Care Center of Hampton Roads

Not Disclosed, VA
Virginia Beach City County

Virginia Beach County


Asking Price: Annual Revenue:
$189,000 $498,016

Automotive & Boats: Auto & Truck Repair & Service


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RE: Car Care Center of Hampton Roads Broker: Frank Chebalo

Quick Facts

Asking Price: $189,000
Annual Revenue: $498,016
Net Profit: Not Disclosed
Cash Flow: $74,197
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1987
Employees: 5
BBN Listing #: 69724955
Broker Reference #: 2007-13582

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Business Overview:

Franchise Based Car Care Center. Operating 30 years in total, the current owner has operated the business for the last 12 years in a spectacular location in Hampton Roads. This automobile service center has a strong and loyal customer base. The owner set a standard day one and has adhered to a simple concept of providing great customer service at a reasonable price, high quality products, superior workmanship and attention to detail. A winning formula. In addition, a full time Manager on staff oversees the day to day operation and 4 full time employees support the operation. This complement of employees has allowed the Owner to focus his energy “On the Business”. The operation runs seven days a week on a major thoroughfare with easy entry and exit and great signage. The Franchise agreement runs 15 years with a renewal option. The lease is reasonable for the space and location and it runs until 2030. With all the above, this opportunity presents as a true turn key opportunity, complete with everything a buyer needs. The inventory averages approximately $20,000 with the exact value at closing being added to the purchase price. As a bonus, the purchase of this business includes an additional franchise location license valued at $30,000, for free. So a buyer at some point in the future can open another facility in a location of their choosing without having to pay the additional license fee. A nice bonus for future growth plans. A strong customer base with great cash flow and built in future growth opportunities! This one is a must see!

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Property Features and Assets:

Assets = $40,000

Reason for Selling:

The owner is Retiring.

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.

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