This is an opportunity to purchase a long-standing, established, profitable automotive franchise repair business which has been in the community for 65 years. While the franchise is one of the most recognizable national brands in the automotive repair sector, the purchaser will have the option to remain a franchise with preferrable terms, or de-brand and operate as an independent or under a different franchise. This business has been servicing the local community from their highly visible location for over 30 years. The business is fully staffed with several highly trained technicians and comes complete with lifts, diagnostic equipment, and all of the tools necessary to continue to operate and grow. Because of the owner’s longevity with the franchise, he benefits from some preferential franchise terms that will transition to the new owner. Any new owner will benefit both from a solid seller transition and great support from the franchise itself if they elect to remain with the brand. The owner is looking for someone with automotive repair experience or strong automotive knowledge to take over this thriving business. This owner will also be invested in the new owners’ success since he owns the building and will be the new owners’ landlord. There is also an opportunity to discuss purchasing the property; the owner will offer The Right of First Refusal to the buyer if they are interested. With steady annual revenue of around $1,500,000, a very well-known brand, excellent location and reputation and significant repeat business, the business represents a solid opportunity for new ownership to springboard from. Qualified candidates, please refer to listing number 15087 when inquiring about this listing.
- Asking Price:
- $500,000 Furniture / Fixtures included
- Sales Revenue:
- $1,500,000
- Cash Flow:
- $300,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Reasons for selling:
-
retiring
- Employees:
- 6
- Years established:
- Over 30
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
can de-brand to become and independent business
Other Information
- Support & training:
-
Yes
- Furniture / Fixtures value:
- $300,000 - included in the asking price