Great Price for this Auto Franchise, Portland ME.

Portland, ME
Cumberland County


Asking Price: Annual Revenue:
$225,000 $876,200

Automotive & Boats: Auto Retail - Auto Parts


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RE: Great Price for this Auto Franchise, Portland ME. Broker: Hal Janke, Pres.,CBI, FIBBA
License #: 01239761

Quick Facts

Asking Price: $225,000
Annual Revenue: $876,200
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $31,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 186244649
Broker Reference #: SDCOAST001-N451

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Business Overview:

Revenue for general automotive repair in the United States is projected to reach over $46 billion by 2020. There are over 250 million passenger cars reported on U.S. roads. Many of these cars are older cars, which is good news for automotive repair franchise owners. Routine car maintenance and repair are necessary services as Americans choose to keep their cars longer. The average age of a car being driven in the U.S. is 11.5 years old a record high in the U.S. car lifespan. Revenue for general automotive repair in the United States is projected to reach over $46 billion by 2020. There are over 250 million passenger cars reported on U.S. roads. Many of these cars are older cars, which is good news for automotive repair franchise owners. Routine car maintenance and repair are necessary services as Americans choose to keep their cars longer. The average age of a car being driven in the U.S. is 11.5 years old a record high in the U.S. car lifespan. It is projected that the number of motor vehicles that are older than 12 years will continue to rise over the coming years. Approximately 38 million people use at least one auto repair service each year. Automotive repair franchises' wide range of services is always in demand as long as there are cars being driven on the roads. Automotive repair franchises cover a range of services that customers find useful in maintaining their vehicles.  These services include general repairs, automotive maintenance, windshield repair, oil changes, brakes, transmission inspections, warrantee services, etc. * Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller. DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.

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Property Features and Assets:

Real Estate License ID: 01239761

Reason for Selling:

Owner Retiring / Moving

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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