Location: Grafton County
Listing ID: 05011601
Pre-qualified for 90% Bank/SBA Financing
Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry.
This well established 6-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 $1,043,000 exceed the national average for this franchise brand by 48% 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 is showing strong growth in 2017, with a sales increase of 8% and Cash Flow increase of 22% over 2016 levels.
Located in a desirable area of northern New Hampshire, 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 is centrally situated near major interstates and a renowned college.
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 toward business success. Sales have exceeded $1 million for the past six years and last year produced $270,000 in cash flow, affording an Owner/Operator a lucrative salary after financing payments. The Asking Price for this highly profitable Business is $730,000, plus $25,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years at 5.75% interest. The Sellers may consider 10% financing to a qualified buyer to reduce the down payment requirement to $120,000.
Total Sales: $1,043,000
Cash Flow: $270,000
Lender Pre-Qualified?: Yes
Reason For Sale:
Training & Support:
Classroom and on-line training is provided by Franchisor per the FDD. Additional 2 weeks of training @ 20 hours /week and several months of 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.
Square Footage: 4,000+
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, modern 6-bay prototype building (4,000+ square feet) with attrAvailable 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 ore 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 75% Bank/SBA financing for 10 years @5.75% interest.