Profitable Auto Repair - Work On It, Not In It

VA

Profitable Auto Repair - Work On It, Not In It
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Asking Price: $359,500

Cash Flow: $162,418

Gross Revenue: $842,774

EBITDA: N/A

FF&E: $90,000

Inventory: $4,500

Established: 2002

Profitable Auto Repair - Work On It, Not In It

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Business Description

Best Listing We Have

Do you want to own your own business? Do you want an auto shop where you aren't the one in the grease? Do you like stable cash flow in good times and bad? Do you want the strength of a national franchise that is a proven winner? Do you want the hottest location in this town? Do you want a large auto repair shop where your job will be to work on it, not in it? Do you want to live in the beautiful Shenandoah Valley? Do you want only work Monday through Friday and not Saturday and Sunday? Do you want a business where your marketing efforts will make a difference? Do you want the franchise life where the recipe for success is right in front of you? Do you want a workforce already in place? Are you looking for a business that is scale-able? THIS IS THE ONE YOU WANT!

This auto repair/maintenance franchise has been in operation over 50-plus years and has a prime location on a very highly traveled street. The shop has multiple bays and houses a great workforce close to popular retailers. These resources give the business convenient access to many customers and a great deal of continued growth potential. THIS BUSINESS MAKES MONEY!

Detailed Information

Inventory:
Included in asking price
Employees:
5 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facility is leased. Multiple lifts. There are 4 large bay doors (front and rear). Stand alone steel building with brick facade. Zoning is light industrial (B2). There is no opportunity for ownership however, the landlord loves having it rented and is willing to work with tenants to keep an occupant.
Competition:
There are 2 or 3 other competitors in the area but none have the location or strength of this franchise.
Growth & Expansion:
Potential for growth is very strong due to location in college community and growth of the area.
Financing:
Lender pre-screened with $55k down.
Support & Training:
Will train for 4 weeks @ $0 cost. Services offered include general auto repair work. Virginia State Inspection Station license, which the new owner will have to apply for. Buyer will also need to meet the franchise requirements for ownership.
Reason for Selling:
Due to health issues and concerns the owners are looking to sell the business.
Franchise:
This business is an established franchise
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Contact the Seller

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Dick Halterman CPA

Business Listed By:
Richard (Dick) K. Halterman, 11

Murphy Business & Financial Corporation

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