Franchised Auto Repair Service
Location: United States -> Nevada -> Las Vegas
Industry: Auto Related > Auto Repair
Businesses for sale Summary
Information is as provided by the owner and the franchisor’s website. The franchise was established in the early 1990’s, and to date there are over 85 locations in S. Nevada & California. The business therefore enjoys high name recognition. This is a well equipped full service auto repair facility having 8 vehicle service bays. The value of the fixtures, equipment, and tenant improvements is in excess of *$200,000. Also included in the sale is the original franchise fee of $25,000 paid by the seller, as well as $6,000 in saleable inventory at cost. The owners have earned an excellent reputation in the area. The sellers will provide in depth financial information to serious qualified buyers. As is normal, the sale price is not inclusive of any fees required by the franchisor, ie: for training, etc. The (2) owners wish to retire, one of whom has health issues. Asking price is $350,000. All written offers will be considered. Contact for more information on this Auto Repair Franchise for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $694,785
Cash Flow: Seller Will Provide
Cash Flow Type: EBITDA
Inventory: See summary.
Seller Financing: Not Disclosed
About The Business
Year Established: 2002
Number of Employees: 4 – 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: 2 weeks by owner, and training / support by franchisor.
Reason For Selling: To retire.
