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Automotive Repair Franchise

Elkton, MD (Cecil County)

Automotive Repair Franchise

Asking Price:$180,000

Cash Flow:$60,481

Gross Revenue:$630,123

EBITDA:N/A

FF&E:N/A

Inventory:$15,000*

Lease Rate:$6,400 /SF/Month

Established:2014

*not included in asking price.

Automotive Repair Franchise

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Business Description

Nationally known automotive repair franchise located in Elkton, Maryland available for sale due to owner's family issues. This franchise does automotive repairs of all types: oil changes, tires, exhaust, tuneups, brakes, etc. Business could increase considerably if buyer added State safety inspections and new tire sales. Sale price is $180,000 plus inventory of approximateldy $15,000 and the assumption of an equipment lease of $433 per month.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
3/1/2034
Employees:
2 FT, 2PT
Facilities:
$100,000 of leasehold improvements have been made within the last three years. Current FF&E is worth about $115,000.
Competition:
If buyer gets certified for Maryland State inspections, business can increase $300,000-$400,000 a year in sales. Adding new tire business can increase business by another $150,000-$200,000 per year.
Growth & Expansion:
See above
Support & Training:
Owner will provide two weeks of training plus franchisor will provide an additional 3-4 weeks of training
Reason for Selling:
Family
Franchise:
This business is an established franchise

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Steven A. Rosen

Business Listed By:
Steven A. Rosen

Sunbelt Business Brokers of Blue Bell

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Memberships & Certifications:
Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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