Auto Service Franchise With Low Rent & Labor At Below Market For Sale

Business description

Great location, great franchise, trained mechanics and solid cash flow This is an opportunity to walk into a newly refurbished, long established full service automotive center, employing top-notch mechanics, under the banner of the Midwest's best known and most trusted franchise and instantly be in business for yourself. This well established business has a history of solid cash flow, but would further benefit from the attention of a FT owner operator. Why deal with the hassle of negotiating a lease, build-out & permitting delays, hiring new employees, and the months of negative cash flow required to establish a new customer base? Just buy an existing, established shop and start servicing customers tomorrow! You can do that here for much, much less than the $350K investment required to just open the doors of a new franchise location!

Property information

Real Estate:

Lease

Lease terms:

A stand alone six bay & 6 lift 3,250 sq. ft. facility built in the mid 1980's. The current rent is $5,341/mo. and includes taxes & CAM. THAT S LESS THAN $20/ft! The lease offers an option to purchase the building.

Other information

Expansion potential:

This 6 bay facility should easily handle the franchisors national average sales level of over $700,000/yr. This business could create six figure cash flow well before hitting the national sales average for this franchise, thanks to carefully developed supplier relationships, lower than average labor costs and an attractive lease.

Competition / Market:

The business is located along one of the busiest corridors in north Lake County. It is well known in the area; however, the owner has been distracted by partnership difficulties in another business and this shop would greatly benefit from a dedicated FT owner/operator.

Support & training:

The Franchisor provides one of the most respected and thorough training courses in the industry and this is included in the franchise transfer package. This can be augmented by up to 2 weeks of on-site support from the seller.

Reasons for selling:

The owner has another partnership that requires his attention.

Financing available:

The seller will consider assisting the buyer with financing

Furniture / Fixtures value:

$82,000 (included in the asking price)

Inventory / Stock value:

$25,000