Longstanding Midas Shop, Farmington, New Mexico
- Listing Id: 0085
- Broker Name: Michael Greene
- Category: Auto Parts Businesses
- Asking Price: $135,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: N/A
- Inventory: $5,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: N/A
- FF&E: $155,550.00
- Year Built: 1975
- Address: Click Here
- Zip Code: Click Here
- City: Farmington
- State: NM
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Opportunity to own a Midas franchise on a heavy traffic truck route in Farmington, New Mexico. Shop serves the four corners region, including a customer draw from Utah, Colorado, and Arizona. Situated 180 miles North of Albuquerque, this branch has been in operation since the mid 70’s. Conveniently located in a small industry area featuring hotels, restaurants, and parks.Shop boasts a reputation for outstanding customer service, courtesy rides, online scheduling and promotional programs. Customers enjoy ample parking and a welcoming reception room featuring coffee and refreshments. Children can play in the playground area while waiting. New owner would take over the current Midas franchise for 2 remaining years (per agreement) with a nominal transfer fee of 1% of the business selling price. At the completion of the 2 years, new owner may opt to continue as a Midas franchise, or transition the shop to an independent operation.
Financial Summary
N/A
No article added by Michael Greene.
No news/updates from Michael Greene.
