Description

Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. The Seller is motivated to transition ownership to a qualified buyer this spring and has reduced the asking price to $79,000. This well established Midas six bay auto center is a nationally recognized franchise brand, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Established turnkey operations already have the equipment, inventory and experienced employees in place. Located in the economically thriving MetroWest area outside of Boston, the Business is a short distance from I495 and several shopping centers. This Midas franchise 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 retail development, excellent visibility and limited auto service competition. The Midas franchise benefits from a high 97+% brand awareness, exceptional advertising and 50+ years of experience in providing training and support systems to franchisees that are geared towards business success. Sales have grown to $420,000 in 2014, with excellent upside potential for an energetic entrepreneur to increase sales and profits with local advertising, community involvement and exceptional customer service provided by an active local owner. Last year the Seller purchased newer alignment and wheel balancing equipment. Unfortunately, he is experiencing health issues and is under great strain from a 140 mile daily commute.

Financial Summary

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