Profitable Body Shop in Grand Rapids
Very attractive body shop opportunity
Grand Rapids, MI
This business is ready for the right buyer. The business, which includes training, high end equipment, access to great vender relationships, will not last long. This shop has clients ranging from retail consumers to DRP to national fleet. This business has exceptional unit of economics and buying power, which keeps your overhead costs low. If you are looking to get into the automotive industry, this is definitely a opportunity that you should inquire about. I will be happy to speak to you about the opportunity over the phone and show you the financials.
HandyPro West Michigan
What's in it for YOU?
HandyPro of West Michigan is an established franchise, located in the super-popular Grand Rapids area - one of 'the best places to raise a family' in the US. HandyPro Int'l is a country-wide franchise brand, based in Plymouth, MI, and as such, is readily available for franchisee support. This franchise holds 3 listed territories, which include the Grand Rapids Metro area, all the way to the lakeshore communities of Holland and Muskegon. The business was originally based on providing excellent, trusted Handyman services, to answer a wide and important need. In recent time, the brand has expanded to include Home Modification services for Seniors and the Disabled. What is unique is that we represent a very wide range of vendors in the field, rather than being tied to one vendor - so we pride ourselves as being able to answer the unique clients' requests and needs with client-specific solutions. What that means is that, let's say the client may have a need for a barrier-free shower. HandyPro has many vendors - all of which are very highly reputable and reliable, with proven products - who can answer the specific need, such as special dimensions, finishes, features, OR something totally outside the box, which is site-built. And that same breadth of consideration has been given with the selection of walk-in tub vendors, grab-bar vendors, you-name-it vendors. As an owner, you don't need to possess Handyman or construction skills - your job is to acquire Craftsmen and Sub-Contractors with those skills, who allow you to run and maintain the business.
As an incoming Franchisee, you would need to complete the vetting process of the Franchisor, and the Franchisee training provided by the Franchisor, paid for by the seller. The purchase price includes the franchise territories, the book of customers belonging to HandyPro of West Michigan, and any remaining marketing materials, Craftsmen uniforms and Franchisee-furnished supplies. There is no product inventory, per se, as the materials for each project are purchased for that specific project (so your overhead is very limited in the way of inventory costs).
20 IHOP Locations - Midwest - Great Opportunity to Buy in Builk
20 IHOP Restaurants - Cash Flow of $3.59 Millions
20 IHOP Restaurants - Cash Flow of $3.6Million
*** AMERICAN ICON IN BREAKFAST ***
For 54 years, the IHOP family restaurant chain has served our world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages — offering an affordable, everyday dining experience with warm and friendly service.
As of 2015, there were 1,650 IHOP restaurants in 50 states and the District of Columbia, as well as in Bahrain, Canada, Dubai (UAE), Guatemala, Kuwait, Mexico, Puerto Rico, Saudi Arabia, The Philippines and the U.S. Virgin Islands.
Under the licensed name IHOP at HOME® consumers can also enjoy a line of premium breakfast products available at leading retailers.
IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN).
Owner Franchisee of 20 IHOPs finally decides to retire.
Portfolio includes 20 IHOP restaurant operations.
It also includes 2 fee simple properties, where 3 of IHOPs are located and one IHOP real estate building with land-lease rights, housing one of 20 IHOP.
Please send in inquiry to receive an Nondisclosure and Confidentiality Agreement . Once NDA is filled and signed, more detailed information shall be shared.
Owner has spent $728,482, $692,579, and $656,553 in Capital Expenditure of Remodelling during the year 2011, 2012 and 2013 respectively.
Cash Flow is after the remodeling has been expended. If you were to add the CapEx $, the cash flow is about Three Millions $3,000,000.