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

Asking Price	$35,000	Inventory	tbd*
Gross Income	$300,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1995
FF&E	tbd*	Employees	2 Full/1 Part

* included in the asking price

** not included in the asking price

If you are interested in an outstanding automotive aftermarket business, this opportunity will appeal to you. A long time, large, well known, successful franchisor has decided to literally sacrifice its lone site in the Tri-City, Michigan area (northwest of Detroit) for the incredible price of $35,000 which includes inventory, all equipment and the franchise fee. This store, recently remodeled and re-roofed, has had decent annual revenues of $300,000. Nevertheless, a combination of not having other stores in the area and an inability to generate more than a break-even cash flow with its current manager has resulted in Corporate's decision to "give-away" the store to for a nominal price to an eager, entrepreneurial buyer/owner/manager. The business has been located in the Tri-City area for years and while not growing under the hired manager, the loyal customer base remains and will be the foundation of the business for a new owner. The business operates out of a 4000 square foot facility with a long-term, very favorable lease at only $21,500 (less than 8.0% of revenues) annually. The business comes with an experienced staff of two full-time and one part-time employee. No automotive experience is necessary for a new owner. This is an opportunity for a hard working, "people person" who will receive excellent training (included in the purchase price) both at the franchisor's corporate headquarters and in the store. Continuing support will be provided by a long time Corporate Regional Manager who lives just 90 minutes from the business. The UFOC (uniform franchise offering circular) represents that the initial investment to open a comparable site ranges from $265,000 to $386,000. The sale of this existing business for $35,000 (firm) includes anything and everything that goes into a new site; and unlike a new franchise this business comes with customers, employees and a cash flow!

Facilities: 4,000 sq. ft. building

Financing: Seller will not provide financing

Support/Training: Seller wil provide training

Reason Selling: Corporate Owned