Business For Sale

Midas Auto Repair - Great location

Not Disclosed, NJ

Asking Price: Annual Revenue:
$379,000 $1,147,108

Automotive & Boats: Auto & Truck Repair & Service

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RE: Midas Auto Repair - Great location Broker: Ed O'Deven

Quick Facts

Asking Price: $379,000
Annual Revenue: $1,147,108
Net Profit: Not Disclosed
Cash Flow: $133,964
Total Debt: Not Disclosed
FF&E: $118,682
Real Estate: Not Disclosed
Year Established: 1962
Employees: 5
BBN Listing #: 13994955
Broker Reference #: 3405-14241

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Business Overview:

Midas has evolved from a specialist in under-the-car services to the provider of an extensive and growing list of maintenance and repair services: brakes, steering, suspension, exhaust, catalytic converters, batteries, tires and more. Midas serves individual vehicle owners as well as nationwide vehicle fleets.

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Property Features and Assets:

10 Bays loaded with equipment and well maintained. Long term lease. Assets= $134,015

Market Competition and Expansion:

There are several competitors nearby. Midas is the number one Brand in the automotive industry. This location has been in business since the 1960's. Local marketing will help to improve sales.

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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