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Listed by:

Kensington Company

Top Transmission Repair Franchise Business Available For Sale

Long Island, New York, US
Asking Price:
$500,000 Furniture / Fixtures included
Sales Revenue:
$1,500,000
Cash Flow:
$300,000

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.

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