Services - Auto Repair, Parts & Svcs

Asking Price	$495,000	Inventory	$20,000**
Gross Income	$864,000	Real Estate
Cash Flow	$102,000	Year Established	1985
FF&E	$170,000*	Employees	10 Full Time

* included in the asking price

** not included in the asking price

This business is managed by the owner, who does not do any of the auto repair himself. Between the franchisor and the owner, you will get trained in how to run this business, and while experience in the auto industry is helpful, it is not necessary. This business is one of a chain is positioned in the gigantic $200 billion (approx.) aftermarket automotive industry. This market will continue to grow, as consumers continue to use their vehicles longer. Industry estimates put the average age of vehicles in use at nearly 10 years old! In addition, many traditional service stations (gas stations with mechanics) have closed. These two trends are important factors in why specialty car repair shops will be in high demand for years to come. The auto aftermarket is a mature industry, and while nothing is recession-proof, this industry is not dependent on a robust economy. On the contrary, when money is tight people will delay the purchase of newer vehicles, and thus rely on maintaining their current auto. The facility is 7,800 sq. ft. total, with almost ten years of lease term and option period remaining. The business has 12 bays, and processes 160 cars a week.

Facilities: 7,800 sq. ft. building

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Retirement