High Volume Automotive Repair Shop for Sale

Fair Oaks, CA (Sacramento County)

Seller Financing Available
Street view from busy Greenback Lane
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Asking Price: $399,000

Cash Flow: $180,000

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: $100,000

Inventory: $25,000

Rent: $7,000 /Month

Established: 1980

High Volume Automotive Repair Shop for Sale

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Business Description

Top Producing Midas Shop in Sacramento, CA

Midas Fair Oaks is the highest volume Midas shop in Sacramento County and consistently one of the top 10 revenue producers in the Midas Northern California region. In business for 38 years at this location, Midas Fair Oaks has a firmly established and excellent reputation for both high quality full service automotive repair and maintenance AND impeccable honesty and integrity. Our customer base is extremely strong and faithful, providing us with a steady stream of repeat customers, as well as new referrals. We are ideally located, easily accessable and highly visible on Greenback Lane, Fair Oaks, CA, near the busy Sunrise Mall. This turn-key business features state-of-the-art equipment, superior curb appeal, experienced ASE Certified Technicians, SMOG, Lamp and Brake licenses and a transferable Franchise/Lease agreement with Midas International.

Detailed Information

Location:
Fair Oaks, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,500
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Midas Fair Oaks is a 6 indoor bay shop with an additional 3 outdoor lifts. This sale includes all equipment necessary for full operation:a new Opus SMOG machine, Hunter Alignment Rack, Huth Pipe Bender, MIG/Tig Welder, Cemb tire changer, wheel balancer, OTC Strutt compressor, Smartwasher part washer, drum and rotor bake lathes, Precision Cut on the car brake lathe, and much more. We have a newly paved and striped parking lot, new roof, appealing outdoor customer seating area, attractive landscaping and newly repainted office. We utilize R.O Writer.
Competition:
The automotive repair and maintenance industry is strong and thriving in the Sacramento area, with a steadily growing population and increasing number of automobiles on the road. Our shop is in a prime median income location with no competitors immediately nearby. The established and well recognized Midas brand drives new customer flow and our superior service and reputation keeps our customers coming back again and again
Growth & Expansion:
Midas International is an innovative, growth oriented company committed to ensuring the success of its 1,500+ Franchisees. They constantly evaluate market trends, create profit driving sales programs and are dedicated to assisting Franchisees in expanding their product lines and serivce offerings. Midas is a proven franchise and ideal opportunity for either a family owned and operated OR absentee owner business.
Financing:
Seller will finance with 50% down and tangable collateral.
Support & Training:
Midas International provides all new Franchisees with 2-3 weeks of comprehensive training as well on going support from regional Midas management. The Midas Franchise system has over 50 years of proven, nation-wide success. We will also be personally available to work with a new owner to facilitate a smooth transition.
Reason for Selling:
After 38 years as a successful Midas shop owner, it's time to retire!
Franchise:
This business is an established franchise
Business Website:
http://midas.com
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Business Listed By:
michael Palmer

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