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Meineke Car Care Center High Net Profit/Sales Ratio

St. Louis Metro, Missouri (Saint Louis County)

Services - Auto Repair, Parts & Svcs | Services - Other Personal Services

Asking Price $250,000 Inventory $20,000** 
Gross Income $396,916 Real Estate  
Cash Flow $107,488 Year Established 2003
FF&E $100,000* Employees 4

* included in the asking price

** not included in the asking price

If you are good with people ie. you have people skills, and you have good management and business skills, you will do very well in this business. The technical skills are provided by the employees already there. The Meineke name brings the customers in your doors, you do the selling. Meineke Car Care Centers are one of the best recognized, Top Rated names in the business. Who hasn't seen Meineke spokesperson,former heavyweight champion of the world, George Foreman promote Meineke sales and services. In 2003 Meineke changed their name to reflect the true expansive menu of services that they provide. As time goes by more and more consumers are becoming aware that Meineke is no longer just a Muffler and Brake Shop. Franchisees will benefit accordingly. This Store offers a Buyer an excellent facility, in a growing market at a real good price. Meineke estimates startup costs for a store this size between $190,800-$306,500. Here you can buy a store that looks new with over $93,000 Cash Flow and Approx. $400,000 in sales for just $250,000 Plus Inventory.

Facilities: The store is very attractive with excellent curb appeal, spacious customer waiting area, and extra clean bays. The physical facilities are in like new condition with reasonable monthly rent.

Competition: Business is located in a population growth area. Significant residential and commercial growth is projected for the next 5 years.

Growth/Expansion: The store has the capacity to produce revenues in the mid-700K range. The challenge and growth opportunities for a new owner is to consistently fill the bays. No local marketing plan has been developed or implemented and the store would benefit enormously from a good advertising program.

Support/Training: Meineke provides 4 weeks training in Charlotte, N.C. as well as on-going local support, on-line internet training, ASE Technical Training, Seminars, Etc. Seller or Seller's Manager will also provide some after sale support and training.

Reason Selling: Seller going in different direction.

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