Seller's Contact Information
- RE: Top Auto Repair Franchise 48% Proj. ROI*
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $700,000 | |
| Annual Revenue: | $1,492,380 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $240,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1988 | |
| Employees: | 6 | |
| BBN Listing #: | 453255583 | |
| Broker Reference #: | AA.PA.PHILLY |
Business Overview:
Prime Location Selling for Only 2.9x Earnings.
Established, Successful Automotive Repair (franchise resale) with an incredibly Great reputation and unprecedented NATIONAL recognition. Originally established in 1988, the business has a great reputation for quality work, providing Total Car Care including brakes, transmissions, tune-ups, oil changes, etc. Situated in a clean, modern, well-maintained facility, with state of the art equipment, plenty of parking, customer lobby, etc. Company is located in a high traffic, high visibility area, with easy access from a busy street. A highly trained crew of technicians will make your transition into the business easy. As an owner, you will not work on cars and you do not need a background in the automotive industry to succeed in this business. Training and support will be provided. This is a recession resistant industry and a perfect lifestyle business with flexible, family-friendly hours, typically Mon-Fri, 8-5, Saturdays can vary, no weekends or holidays, typically no Sundays. Located north of Philadelphia metro area.
*Possible Deal Structure:
• Projected ROI of 48%
• Total purchase price: $700,000
• Down payment: $140,000
• SDE (what you would earn in the business): $240,000
• Amount financed $560,000
• Debt service per year (annual note payment): $87,878 (10 years at 9.75% apprx.)
• SDE less debt service: $152,122
• Assume - New owner to pull $85,000 a year out of the business in wages
• Remaining SDE (cash flow) after owner wages and paying annual debt service = $67,122
• 48% ... Return on investment or your return on injected capital (down payment) year after year ...So even after paying your debt service each year and taking out $85,000 in a wage you should still have $67,122 to do with as you wish, pay down debt early, take it out in additional wages or go to Vegas!
• A great year in the stock market would be 15% to 20% and the average is about 7%. The assumption for this model, is that you actually work in the business similar to the way the current owner does now. Clearly in the stock market you would not be working in the company you held stock in.
• This scenario does not include working capital.
• Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.
Center Highlights:
*Originally Established in 1988
*Long History of Success
* Trained technicians in place
*Established Sales & Cash Flow
*Be Your Own Boss
*Clean, Well-Maintained Shop
*State Of The Art Diagnostic Equipment
*Parts, Inventory, Supplies
*Highly Trained Technicians
*You Do Not Need Any Experience In The Automotive Industry
*Incredible (4 week training program) Is Provided By The Franchisor
*Family-Friendly, Flexible Hours
*Owners Do Not Work On Cars
*Owners Are Senior Decision Makers
*This Is One Of Very Few Recession Resistant Businesses
* High Repair Ticket Orders
* High Quality Employees
* Low Inventory
* Low Number Of Employees
*****
Non-Disclosure Agreement/NDA is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.
*Gross Revenue and Cash Flow stated by seller. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyer’s own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.
CONTACT US. We will email you the short electronic NDA within a few minutes of your inquiry. Be sure to check all of your in-box folders, including junk/spam folders.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Well-established franchise resale. Well-maintained. Fully equipped. 6400 sf. 10 bays. Highly trained techs. Plenty of parking. Easy access from busy street.
Market Competition and Expansion:
Competition: Full-Service - Complete Car Care. Fleet accounts. Top brand. Highly recognized by driving public. Growth & Expansion: Implement aggressive marketing/advertising. Build fleet accounts. Work existing fleet accounts. Build community relationships. Oversee the business on a daily basis. Attend trade shows. Join business chambers/associations.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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