Franchised Auto Repair Service
Location: United States -> Nevada -> Las Vegas
Industry: Auto Related > Auto Repair
Businesses for sale Summary
This is a well known franchised full service auto lube and repair service business which opened in Jan of 2007. Seller advises that this location is #2 in sales for Nevada. The franchise was established in 1973. Very well equipped. There are 6 bays, & 4 lifts. 3 employees, one is on commission, two are on salary. Included in the sale is the franchise fee paid by the seller in the amount of $8,500. Additional information will be provided to serious qualified buyers. Seller states that the market value of the business is $120,000. The price has been reduced from $80,000 to only $45,000 for a fast sale as the owner is moving out of the area. All written offers will be considered. The sale price is not inclusive of any fees charged by the franchisor, ie: for training, etc.
Financials
Asking Price Range: < $250K
Gross Revenues: $308,200
Cash Flow: $61,640
Cash Flow Type: EBITDA
Inventory: Equipment value is $38700.
Seller Financing: Not Disclosed
About The Business
Year Established: 2007
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: 2 weeks, & training / support services by the franchisor.
Reason For Selling: Moving out of the area.
