Over 30 Year Old Established and Profitable Set...

Confidential, IL

Asking Price: Annual Revenue:
$575,000 $1,453,924

Miscellaneous: Non-classifiable

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RE: Over 30 Year Old Established and Profitable Set... Broker: Kevin Collins
Owner Financing is Available!

Quick Facts

Asking Price: $575,000
Annual Revenue: $1,453,924
Net Profit: Not Disclosed
Cash Flow: $222,354
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: 6
BBN Listing #: 139964262
Broker Reference #: CHICAIL09-47396

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Business Overview:

For sale is a multi-site Meineke franchise. These existing locations have been in business for over 30 years, proving they have the ability to sustain themselves for the future. Each location has a manager and multiple lead techs in place with the owner spending some time at each location to make sure things run smoothly. In 1986, the owner opened their first Meineke franchise and in 2013 bought the second one from its original owner. Both locations show strong profitability, and when combined can give an owner significant cash flow. Total revenue shows that they have bounced back to pre-covid levels with the potential to grow even further. Meineke has been around since 1972 and these two locations are strong representations of the brand and its appeal to consumers. This is a great opportunity for a small business owner to step into a franchise system with management and employees already in place. Any potential buyer needs to be approved by the Franchisor before a sale can be completed.

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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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