Summary
- Asking price:
-
$170,000
(Inventory / Stock included)
- Sales revenue:
- $115,909
- Net profit:
- $89,935
- Franchise opportunity:
- Yes
- Years established:
- 2002
- Employees:
- 1
- Home based:
- This business can be run from home.
Business description
With over 25 years of experience, this cosmetic auto repair franchise is the recognized leader in Vinyl, Leather and Fabric repair with over 170 independent locations worldwide that provide repair and reconditioning services for homes, automobiles and commercial businesses.
The recent consumer focus on energy and materials conservation has allowed the company to grow rapidly by providing businesses and consumers with an economical alternative to purchasing costly replacement materials and accessories for personal and commercial vehicles and home improvements
The company’s current service offerings include:
• Repair of Vinyl, Leather and Fabrics
• Windshield Repair
• Paintless Dent Repair (ADP)
• Dashboards
• Carpet Stain removal and Dyeing
• Touch up Paint
Currently, a larger percentage of the revenue for the South Dallas location comes from their work with auto related businesses such as dealerships and transportation companies. However, there exists tremendous opportunities for expansion of the customer base.
Property information
- Location:
- This business is a home-based business. The company’s assigned territory is centrally located in the South Dallas area.
Other information
- Expansion potential:
- Given these facts, the company has built an excellent reputation for providing superior quality services on time and at a fair price. They also monitor the consumer demands for new products in order to stay ahead of their competitors while also encouraging the continued training of their service technicians.
Although the company has been very successful, its primary marketing strategy thus far has been limited to word of mouth advertising and the professional relationships developed by the current owner. There exists a tremendous opportunity for future growth within the market should the new owner chose to take a more focused approach with their marketing strategy by expanding its customer base to include more than just auto related businesses such as dealerships and transportation companies.
- Competition / Market:
- With sales of new and used cars and light trucks exceeding $40 million during 2007, the growth potential for this business for next three to five years is enormous. The typical customer for this company specializes in aftermarket cosmetic auto repair for both individual and commercial clients. Other customers include commercial office buildings, local cities and municipalities, restaurants as well as consumer transportation services such as tour buses and airlines.
Cost is always a factor in this industry especially given the renewed focus of consumers and the insurance industry on reducing the cost of vehicle ownership as well as the overall cost associated with consumer claims.
- Support & training:
- Franchise and Seller training. 2 weeks at Franchise 2 weeks from Seller.
- Reasons for selling:
- Seller Relocating to West Coast.
- Trading hours:
- Hours of Operation: Monday – Friday, 8 a.m. to 5 p.m.
- Financing available:
- $80,000 at 8% for 5 years with Down Payment of $90,000.
- Inventory / Stock value:
- $12,000 (included in the asking price)
Contact the seller
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