This offering consists of an automotive repair franchise and two independently owned franchise locations. The franchise itself supports ten independently owned franchisees through training, on-going marketing efforts, as well as operational and technical support. The independently owned franchise locations included in the sale specialize in comprehensive professional car and light duty truck maintenance, repairs and service provided by highly qualified, well-trained, and certified technicians. Key Indicators Financial Disclaimer: Revenues and costs are subject to intercompany transfers not identified.
Key Aspects
• Original location founded in 1975
• The company has the capability to repair and service vehicles in the quickly growing hybrid and electric markets
• Strong brand recognition generated from community involvement in area of operation
• High retention rate of employees created through a culture of training, support, engagement, and appreciation
• Management indicates the best available technology and equipment is used
Opportunities
• Expand franchising opportunities to markets outside of current operating area
• As hybrid and electric vehicles become more popular, this franchise has a competitive advantage through experience working on these vehicles
• Auto maintenance and repair has become more valuable as vehicle prices have increased due to supply chain issues the industry faces
Headquartered
• Midwest United States
Current Markets
• The company provides routine maintenance and extensive repairs for the hybrid, electric, and internal combustion vehicles
Real Estate
• The franchise headquarters operates from a 500 square foot office leased from an unrelated third party
• The first franchise operates from a 4,600 square foot facility leased from a related entity that could be available as part of a sale or a long-term lease can be arranged with the owner
• The second franchise operates from two locations, one of which is a 4,400 square foot facility is leased from an unrelated third party, and the other is a 4,600 square foot facility is leased from a related entity, and this facility is available as part of the transaction, or a long-term lease can be arranged with the owner
Shareholder Objectives
• The franchise is fully owned by a majority (90%) and minority (10%) shareholder
o Both owners are willing to remain for a period of time to ensure a smooth transitions
• Both franchise locations are fully owned by a single shareholder, with each location having a different owner
o Both owners are willing to stay on for a period of time to ensure a smooth transitions
