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- RE: Profitable Automotive Repair Franchise
- Contact: Aaron Muller
Quick Facts
Asking Price: | $649,995 | |
Annual Revenue: | $1,328,487 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $258,352 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,952 | |
Real Estate: | Not Disclosed | |
Year Established: | 1980 | |
Employees: | 4 | |
BBN Listing #: | 985138 | |
Broker Reference #: | 13609224 |
Business Overview:
This is a high cash flow auto repair business where the owner has limited involvement and does not fix cars. The business is a franchise so there are proven systems in place. Automotive experience is not necessary to own this business. The shop is run by 1 service manager and 3 automotive technicians. The owner works approximately 20 hours a week. The owner is only on-site one day a week; the rest of the owner’s duties are performed remotely. The owner’s job duties include overseeing marketing, bookkeeping, running payroll, paying bills, reviewing financials, and general oversight. The business performs a full range of automotive repair and maintenance services such as oil changes, brakes, batteries, engine tune-up and repair, transmission, cooling system service, computer diagnostics, factory scheduled maintenance, etc. The shop works on approximately 10 cars per week with the average repair order (RO) being $2,600+. The business has been established since the 1980s. This is a rare opportunity to purchase a well-established and highly profitable auto repair franchise and bring it to the next level.The buyer needs to pay a $6,000 franchise transfer fee and a $3,000 training fee to attend four weeks of training offered by the franchisor.
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Property Features and Assets:
The shop is located on a busy street with excellent visibility. The premise has 4 bays, 4 lifts, and enough parking space to fit over 25 cars depending on the size of the vehicle.
Market Competition and Expansion:
This is highly desirable auto repair shop with a long established history, good reputation, and consistent growth in revenues from year to year. There is always demand for auto repair services because people need cars for transportation. Being a franchisee also offers many advantages including an established brand name, proven systems, and extensive training and support from the franchisor.
As an owner with limited time involvement, the seller has not taken advantage of all possible growth opportunities. A new owner with fresh energy can follow the proven system and grow the business to the next level.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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