Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

Asking Price	$150,000	Inventory	$6,000**
Gross Income	$361,100	Real Estate
Cash Flow	-$24,300	Year Established	2005
FF&E	$75,000*	Employees	2

* included in the asking price

** not included in the asking price

This business sells and installs truck accessories. This Franchise is known for its quality products and word is getting around about them. The Owner started operations in 2005 as an absentee operator. Now the business has grown too big for him - he can't devote the necessary time to take it to the next level of growth. For more details you must fill out the Confidentiality Agreement & Questionnaire and fax to Blanket Real Estate 203 702 5177. Hours of operation are: Monday thru Friday 8:00 to 7:00, Saturday 8:00 to 1:00, closed Sunday. Total hours of operation are 60. The Owner's wife works in the office during the day and the Owner comes in the evening. There are 2 full time employees. The Owner's investment is conservatively valued at +/- $75,000. The business is less than 3 years old and is finally poised to become profitable. This year the business is still expected to loose money. Its breakeven point is only +/- 17% more than this year's expected volume and the level to obtain $50,000 for the Owner is only 54% higher than this year's estimated volume.

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Facilities: The business is located in a well maintained office/warehouse area of Danbury. There is 6,400 s.f. of space with plenty of offices for outside salespeople etc. The shop has 2 bay doors and 1 oversized overhead door that can accommodate almost any size vehicle they work on. The lease is a fair lease - especially for this A+ location. Base rent is $3,733.33. R.E. Taxes & CAM charges are $1,067 for a total rent of $4,800.33/month. The base rent is only $7.00 psf! There is 3 years remaining in the term plus 2 1-year options. Rent increases +/- 3% per year.

Financing: Owner will finance with 50% down over 3 years @10% - if qualified

Support/Training: Owner will train and Franchise will train

Reason Selling: Other Interests