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Asking Price$400,000
Revenue$1,300,000 Established2009
Cash Flow$130,000 Employees5 full-time
FF&E$450,000* FranchiseYes
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price

Fully-equipped and profitable, these three well-established Metro locations offer everything from transmissions to tune-ups along with reliable diagnosis, maintenance, brakes, A/C Service, etc. by certified technicians.  With cars now retained over 11 years on average, this is a recession-proof business.  Monthly financing as well as special warranties are available.  Closest competition is 15 miles away.

This is a Retirement Sale as the Seller is anxious to spend more time with family.  So, he is offering the Assets of these established shops with sales of about $1.5m and SDE of $130k (with Absentee Owner) for a bare-bones price of $400,000* -- Equipment and Fixtures are included and valued at $450,000.  Employees and Managers will stay on if needed.  With central buying, these shops buy parts at suppliers' cost and $350 for each transmission build including shipping.

To complete a timely and successful transition with a qualified hands-on owner, this Seller offers the possibility of up to 30% Seller Financing.

Reduced Asking Price: $400,000* (Reduced from $585,000; Single Shop Price $150,000 each) - (FF&E valued at $450k included) - (All Offers will be considered.)

Required Licenses: Business
Training/Support:Seller & Franchise will provide training
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Retirement
Ad #101035
Seller Reference #CHARLNC001-N729
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Contact This Seller
Ed Schutzman
(704) 897-8232
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