Description

Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. This well established ten bay auto center is a nationally recognized brand and one of the world's largest providers of automotive service, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Annual sales of $1,190,000 exceed the national average for this franchise brand by 75% and the Business is ranked in the top 7% of stores in the region. Highly profitable turnkey operations already have the equipment, inventory and well trained employees in place. Located in one of the most affluent and desirable suburbs north of DC, this Business offers a buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community. The prime location is characterized by excellent traffic, minimal automotive service competition and a high end clientele with multiple car families. The national franchise benefits from a high 95% brand awareness, exceptional advertising and 50+ years of experience in providing training and support systems to franchisees that are geared towards business success. Sales for 2014 grew 17% and produced $382,000 in cash flow, affording an Owner/Operator a lucrative salary after financing payments. The Asking Price for this highly profitable Business is $895,000, plus $15,000 in inventory. The Business is pre-qualified for 75% Bank/SBA financing for 10 years @6%. The Seller will consider supplemental financing to a qualified Buyer in order to reduce the down payment requirement to approximately $100,000.

Financial Summary

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