Location: Macomb County
Listing ID: 11141801
Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry.
This well-established six-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 $1,151,300 exceed the national average for this franchise brand by 53% and the Business is ranked in the top 10% of stores in the region. Highly profitable turnkey operations already have the equipment, inventory, and well trained employees in place.
The Business showed strong growth in 2018, with a sales increase of 18% and Cash Flow increase of 22% over 2017 levels.
Located in a desirable suburban area of Macomb County, MI, 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 retail location has excellent visibility and proximity to nearby interstate highways. The national franchise benefits from a high brand awareness, exceptional advertising, and 60+ years of experience in providing training and support systems to franchisees that are geared towards business success.
Sales have averaged over $1,040,000 for the past six years and last year produced $203,300 in cash flow, affording an Owner/Operator a lucrative salary after financing payments.
The Asking Price for this highly profitable Business is $380,000, plus $25,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years.
Total Sales: $1,151,300
Cash Flow: $203,300
Lender Pre-Qualified?: Yes
Reason For Sale:
Training & Support:
Classroom and on-line training is provided by Franchisor per the FDD. Additional two weeks of training at 20 hours per week and several months of telephone consulting would be provided by Seller. Franchisees benefit from complete training and marketing support and a franchise leadership team committed to long-term franchisee growth. Prior automotive background is not required.
Year Established: 1979
Square Footage: 3850
Auto repair center is a nationally recognized brand and one of the largest providers of auto service, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, alignment, steering and suspension services. Extensively equipped, six bay prototype building (3,850 square feet) with attractive customer waiting area, plenty of storage space, and large parking area.
There is minimal national or regional brand competition in the area. The national franchise benefits from a high brand awareness, exceptional advertising, and 60+ years of experience in providing training and support systems to franchisees that are geared towards business success. Benefit from strategic alliances on the supply side and effective advertising campaigns to maximize your business.
Significant growth potential to an energetic entrepreneur through expanding car counts and diversification of services, including scheduled maintenance, tires, fleet sales, etc. Qualified dealers may seek expansion through multi-unit ownership.
Qualifies for 90% bank/SBA financing for 10 years.