Saturday, June 24, 2017

Established National Auto Repair Franchise Sales $516,384
(Automotive, Auto Repair)

Central Ohio - Ohio, Marion

Seller Financing: No
Lender Pre-Qualified:
Listing ID: 81360
Office ID:
Status: Active

Listing Details

Listed Price: $169,900
Down Payment:
Total Sales: $516,384
SDE:
EBIT:
EBITDA:
FFE: Included?
Real Estate: Included?
Inventory: $7,000 Included? No
A/R: Included?
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Contact Information
Frank Nunziata
Jim Tharp Realty
Columbus 43235
Cell: 614 325-6206
Fax: 614 431-6450
Office: 740 965-1981
Email: rhifan@yahoo.com
www.jimtharprealty.com
Send Email To Agent
Reason for Sale:
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Seller Retirement.
Training:
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The seller will provide a reasonable transition period and Franchiser will provide two weeks training at its HQ.
Financing Terms:
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No Seller financing offered will be directed bank for SBA financing.

Operations

Year Established: 1987
Last Acquired: 1989
Form of Ownership: S Corporation
Home Based: No
Relocatable: No
Type of Location: Stand-alone
Absentee Owner: No
Online:
Employees: Full Time: 5 / Part Time:
Managers: 1
Hours: Monday-Friday 8 am-6 pm, Saturday 8 am-3 pm, Sunday Closed.
Owner Hours: 45
Non-Owner Payroll:
Franchise Info: National Franchise

Location

Lease Expire:
Option:
Lease Terms: Seller Owns the building lease Term is Negotiable. Rent to start $3,000 per month.
Lease Security: $6,000
Monthly Rent: $3,000
Square Footage: 3600
Facilities:
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The shop has Five Service Bays with a waiting room and, plenty of off-street parking in a visible location on a heavily-traveled major downtown thoroughfare.

The Seller owns premises and will lease it to the new owner for $3,000 per month to start with the term negotiable. The Real Estate is also available to purchase in addition to the business.

Summary

Business Description:
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A well-established, popular, busy, and profitable full-service auto repair business with the advantage of franchise advertising and promotion in a visible easily-accessible location.

Established in 1987 under the same owner-management for many years (29 Years), this turn-key auto repair business provides the full-range of services, including brakes, wheel alignment, transmission, exhaust systems, as well as general auto repair. The business is owner operated with the owner performing the management, estimating and customer service functions. The owner does Not do any of the repair work the shop has a Fully Trained staff of Four mechanics Two of which are ASE certified for brakes and have been with the shop for over 20 plus years.
All equipment, tools, and infrastructure to perform all auto repair services are in place and included in the sale.

The Seller owns premises and will lease it to the new owner for $3,000 per month to start with the term negotiable. The Real Estate is also available to purchase in addition to the business.
The shop has Five Service Bays with a waiting room and, plenty of off-street parking in a visible location on a heavily-traveled major downtown thoroughfare.
Franchise: The buyer also obtains the brand recognition, good reputation, and active marketing of a National franchisor.

Financial Information: Very consistent Sales in Excess of $500,000 year after year with a strong Cash Flow.

Training: The seller will provide a reasonable transition period and Franchiser will provide two weeks training at its HQ.

Great Opportunity !! Strong Established National Franchised Business !!
Historical Summary:
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Shop was established in 1987 and has had the Same Owner since 1989 29 Years. Very Consistent Sales in Excess of $500,000 year after year and strong Cash Flow.

Two employees with the business for over 20 Years !!
Owner Qualifications:
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No Mechanical Experience Required !!!

Owner does NOT Turn a Wrench!!

Franchiser will provide training and support!!
Competition:
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Limited in immediate trade area.
Potential Growth:

 

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