Established, profitable Meineke Car Care Center

Brunswick, GA (Glynn County)

Established, profitable Meineke Car Care Center

Asking Price:$100,000

Cash Flow:N/A

Gross Revenue:$450,000

EBITDA:$61,000

FF&E:$82,000

Inventory:$42,000

Established:2008

Established, profitable Meineke Car Care Center

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Business Description

Since opening in 2008, S and R Automotive, a Meineke franchisee, has built a loyal base of repeat customers by providing quality products and workmanship at a fair price and fixing customers' vehicles correctly, the first time. This is an opportunity to purchase an established franchised location in a system ranked in the top 500 by Entrepreneur magazine.
According to the corporate website, Meineke is a trusted name in car repair that's recognized by over 92% of Americans, has been an industry leader for over 40 years and supplies a proven business system to nearly 1,000 franchisees. Meineke Car Care Centers is recognized today as a leader in complete car care automotive franchises. From oil changes to brakes, its complete car care model provides consumers with high quality services at affordable prices.
Meineke franchisees recognize a significant edge over automotive franchise competitors in their market area with franchise benefits including:
• Strong brand recognition
• Territory protection
• Multi-unit opportunities
• Best-in-class education through Meineke University
• Comprehensive marketing and advertising support
• Strong, ongoing operational support
• Software and technology support
• Solid unit economics
• Corporate fleet account opportunities
• Unlimited service potential with one of the top 100 franchises in its class

Rather than obtaining a new franchise requiring $250,000 worth of capital and a $30,000 franchise fee, pick up this existing franchise for with all equipment in place for only $100,000 plus a franchise transfer fee of $2,500.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business is conducted in leased premises on a highly traveled street in Brunswick, GA near Target and Lowes. It is fully equipped with the capital equipment, supplies and parts inventory necessary to perform a full range of auto repairs. A partial list of equipment assets includes: Three symmetrical hydraulic car/truck lifts, one drive on car/truck lift, one heavy-duty four post, 12,000 pound drive on car/truck lift, one Ingersal Rand industrial air compressor, one Hunter road force touch GSP9700 tire and wheel balancing machine and one Hunter TCX 500 tire mounting machine. The Meineke Car Care Center also owns machines to flush, recover and fill transmission fluid, coolant, and power steering fluid, an arc welder, cutting torch, pipe bender, brake lathe for rotors and drums and other automotive repair equipment.
Competition:
Like all Meineke locations, Meineke Car Care Center in Brunswick, GA has a protected territory. The closest Meineke location is over 70 miles away. With over seven years in business, S&R has built up a long list of loyal, repeat customers.
Support & Training:
Meineke is the #1 ranked car care franchise system by Entrepreneur magazine and offers extensive training and support systems for its franchisees. According to their website: "From opening your own business to managing the day-to-day accounting of your center, Meineke Car Care Centers provides you with comprehensive training and franchise support for your franchise. We make sure our franchisees are well-equipped for long-term success as partners of Meineke. You don’t need automotive experience to be successful when you get our franchise training."
Reason for Selling:
Retirement
Franchise:
This business is an established franchise

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Roy "Te" Turner

Business Listed By:
Roy "Te" Turner

Don Wright & Associates

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Don Wright

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