Franchised Auto Repair Center

Location: United States -> Nevada -> Las Vegas
Industry: Auto Related > Auto Repair

As the owner is anxious to sell the price has been reduced from $320,000 to Only $150,000 which is less than 1/2 of the market value.
Information as provided by owner and the franchisor’s Web site. Originating in 1972, there are presently 900 locations nationally/internationally. They are the 13th largest Yellow Page advertisers! Location is a well equipped full service auto repair facility having 5 vehicle service areas and 4 lifts. In addition to the fixtures & equipment there has been $20,000 expended in tenant improvements. The franchise fee of $30,000 is included in the sale price. Included in sale is fixtures/equipment at $80,000, & inventory at a value to be determined.. Seller will provide in depth financial information to serious qualified buyers. Sale price is not inclusive of any fees required by the franchisor. Due to the seller’s personal issues, this well established very profitable business is ”priced to sell fast”! Seller will consider all written offers. This is an exceptional business opportunity.

Financials

Asking Price Range: $250K – $500K
Gross Revenues: $415,000
Cash Flow: $160,000
Cash Flow Type: EBITDA
Inventory: To be determined
Seller Financing: Not Disclosed

About The Business

Year Established: 1996
Number of Employees: 1 – 3
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Reason For Selling: Personal issues