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Listed by:

Sunbelt of Chicago and Naperville

Over 30 Year Old Established And Profitable Set Of Two Meineke Shops For Sale

Illinois, US
Asking Price:
$575,000 Furniture / Fixtures included
Sales Revenue:
$1,453,924
Cash Flow:
$222,354

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.

Property Information

Real Estate:

Lease

Premises Details:

On request

Business Operation

Expansion Potential:

A new owner can add more technicians to take on more business or open another shop in a neighboring territory.

Reasons for selling:

Owner is retiring.

Employees:
Full Time: 6
Years established:
36

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Owner will stay on for 4 weeks of training to ensure a smooth transition. The Meineke Corporate team also will be providing training to a new owner.

Financing available:

Seller will consider loan for 10% depending on buyer qualifications.

Contact Sunbelt of Chicago and Naperville

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