National Auto Repair Services Franchise In Newport News For Sale

Business description

This Newport News location of a very well known automotive repair services franchise is one of 2 Hampton Roads locations available for sale either as a package or individually. The business is well established, turnkey and has strong revenues/Cash flow. The store has a fulltime manager in place; so it could be run mostly absentee, or the buyer could replace the manager and the business could really cash flow strongly. The owners are mostly absentee and the manager handles the day to day operations. The national franchise provides tremendous brand name recognition and advertising. The business simply awaits a new owner to take it to the next level.

Property information

Premises details:

A approximately 5,300 sq. ft. building with 8 bays on a with prominent frontage on a very busy road. It will lease for 4,200/month or the building can be bought for $600,000.

Size in square feet:

5,300

Business Operation

Reasons for selling:

Retirement

Employees:

4 FT

Years established:

1997

Other information

Support & training:

Seller and franchisor will provide

Owner financing:

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

Financing available:

negotiable

Furniture / Fixtures value:

$87,000 (included in the asking price)

Inventory / Stock value:

$7,000