Two Highly Successful Auto Repair Centers

Business Overview:

This is one of the nation’s TOP automotive franchises with hundreds of locations around the US and Canada and considered a “Lifestyle” business/franchise model (more about that later- important)! Additionally, this franchise brand is recognized as one of THE best when it comes to warranties for your customers which gives them a positive household name and a serious edge over the competition. More than that, they do tons of nationwide TV advertising and the likelihood you’ve seen their ads this week is probably pretty good making them the equivalent of McDonalds for the automotive industry! That’s say’n something. Here’s something you’ll really appreciate…You, as the owner, really don’t need a deep knowledge of the automotive industry and you’ll likely never turn a wrench as 99% of owners either run these locations semi-absentee or just do general management. The nice thing about this business model, that owners tend to love, is the fact that you have TIME, time to spend with family or kids (baseball games, recitals, fishing trips, etc.). We call this a “lifestyle” business. Taking time off is not that tough once you have a few months of running the business under your belt. When we owned our locations, we regularly took 4 to 8 weeks (yes, that’s up to 2 months) off a year as you’ll have a good manager that can run the company day to day! This is the inside secret that many people in this business don’t tell you. And as to what they specialize in… the brand/location specializes in “complete car care” including brakes, transmissions, electrical, oil changes, tune-ups etc.

POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI)*:
• Projected ROI of 42%
• Total purchase price: $3,900,000
• Down payment: $780,000 (20%)
• Current SDE (cash flow of the business): $1,240,000 (combined 3 year average)
• Amount financed: $3,120,000
• Debt service per year (annual note payment): $510,452
• SDE less debt service: $729,548
• Assume a New owner to pull $400,000 a year out of the business in wages.
• Remaining SDE (cash flow) after owner wages and paying annual debt service: $329,548; So even after paying your debt service AND taking out $400,000 in a wage you should still have $329,548 (left over) to do with as you wish; Pay down debt early, take it out in additional wages or go to Vegas!
• Annual return of investment on your injected capital/down payment each year: 42%; A great year in the stock market would be 15% to 20% and the average is about 7%.
• This scenario does not include working capital and none will be left as part of the sale. Buyer is responsible for their own working capital which can normally be secured as part of the loan structure.
• IMPORTANT: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisor’s opinion and are comfortable with the presented numbers from the seller.

Highlights:
• Originally Established in 1992/2020
• Trained technicians in place
• Managers In Place (if you choose to utilize a manager)
• Clean, Well-Maintained Shop
• State Of The Art Diagnostic Equipment
• Parts, Inventory, Supplies
• You Do Not Need Any Experience In The Automotive Industry
• Incredible (4 week training program) Is Provided By The Franchisor
• Family-Friendly, Flexible Hours
• Owners Do Not Work On Cars
• Owners Are Senior Decision Makers
• This Is One Of Very Few Recession Resistant Businesses
• High Repair Ticket Orders
• High Quality Employees
• Low Inventory
• Low Number Of Employees

Non-Disclosure Agreement/NDA is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place. Data, financial information, etc. stated by seller and must be confirmed and verified by the buyer and their own advisors. *Sales/Cash Flow 3-year average.

We will email the short 3-minute online NDA shortly after you inquire. Be sure to check your spam folders.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Well-Established. Clean Smooth-running operations. Managers in place. Highly Trained technicians. State of the art equipment. Easy access from busy street. High traffic, High volume and visibility area. Plenty of space and parking.

Market Competition and Expansion:

Competition:

Top Brand. Huge recognition. Complete Car Care. Average Cost of Goods Sold (for this bran -parts and labor) of approx. 44.5% of sales… MEANING…there is a lot of money left over to pay your general bills and take home a large paycheck! This brand has established over 400 national fleet accounts—MEANING-- you have an EASY source of fleet business to contact and secure business from. YOU WILL ALWAYS BE BUSY if you work these accounts to their maximum potential.

Growth & Expansion:

Oversee company on a daily basis. Follow franchise system. Network community/build relationships. Build Fleet accounts. Attend Trade shows.

Reason for Selling:

Additional Details:

Relevant Links:

• View more Florida businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker