Description

Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. Sales at this auto repair and tire business have increased 26% in 2014 to over $610,000. This well established 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 profitable operations already have the equipment, inventory and experienced employees in place. Located along a high traffic commercial strip and adjacent to a major shopping center, 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. This highly visible prime retail location is on a major corner in an area that draws from surrounding densely populated residential neighborhoods. 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. The Business achieved gross sales of $610,000 in 2014, generating $127,000 in cash flow that is available for Owner/Operator compensation and debt service. The business may qualify for bank / SBA financing to qualified Buyers. The Asking Price of $147,000 for the Business includes equipment valued at $65,000. Inventory of $28,000 is available and additional. The 3,225 square foot prototype building has high ceilings and five service lifts, including an alignment rack, and plenty of room for storage. The Seller currently operates multiple auto repair franchise locations in New Jersey. He wishes to transition the Business to a new owner in order to downsize and eventually retire after three decades.

Financial Summary

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