Midas Auto Center In Nassau County For Sale

Business description

Great opportunity to own reputable, busy and well known Midas auto repair franchise. Business was established in 1978 and provide varieties of auto repair services including auto repair, tire sale, alignment, NYS inspection, etc. There five bays and four lifts, 2 NYS inspection machines, alignment and tire machine and many other equipments. Business also has a manager on the premises who is in charge of all daily operation so it could be run on an absentee basis as well. Because of Midas reputation there many loyal repeat customers. Business open 6 days per week M-F from 8am-6pm and Sat from 8am-4pm closed on Sunday. To qualify the Buyer must have retail and management experience, but auto repair experience is not necessary.

Property information

Location:

Business located very busy main road in Nassau County across from train station and next to main hwy. It occupies 8,000sqf at rent $8,826 includes tax. Ample parking . There 15 year lease plus option to renew. There is no competition within 5 miles radius

Business Operation

Competition / Market:

There is no competition within 5 miles radius

Reasons for selling:

Relocating to Florida

Trading hours:

8am-6pm M-F, Sat 8am-4pm

Employees:

3F/1P

Years established:

1978

Other information

Support & training:

Franchisor will provide 2 weeks free training.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Partial Financing is a possibility negotiable

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$20,000