Nationally Recognized Auto Franchise Business For Sale

Business description

Midas Auto franchise business located on a busy, four lane Highway of Morris County, New Jersey. This franchise has earned itself a reputation for quality and reliable service and is the #1 brand name in Auto Repair & Maintenance Services. This is truly an excellent franchise that has more than 2,500 locations worldwide and offers a full training program. This particular Midas supplies 20% of mufflers and 80% of general repairs. The business is opened six days and produces a gross yearly income of $800,000 with a solid net income to the present owner.

Property information

Real Estate:

Lease

Lease terms:

The franchise will supply a new twenty year lease to the new owner.

Location:

Business facility consists of a 6,000 square feet, five bay garage and 150 feet of highway entrance. Ample parking is available.

Other information

Expansion potential:

With continued good service this business will maintain a high level of growth.

Competition / Market:

No similar Auto Franchise businesses are in the general area.

Support & training:

Seller will provide a full due diligence and transitional period.

Reasons for selling:

Relocating out of the immediate area.

Trading hours:

Mon-Sat 8:00am-5:00pm

Financing available:

Owner financing is available to a qualified buyer.

Furniture / Fixtures value:

$225,000

Inventory / Stock value:

$20,000

Related documents:

• Document

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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