Successful St. Louis Ziebart Franchise For Sale

Business description

It has been a great 29-year run, but it is now time for the owner of this successful St. Louis area automotive aftermarket franchise to sell his business and return to his former hometown to care for his aging parents.

With annual sales year after year at the $300,000 level and seller discretionary cash flow of $55,000, this business is being offered at a very competitive $89,000 which is only .33X revenues and less than 2.0X cash flow. In addition, to enable an energetic but under capitalized buyer to purchase his business, the seller is offering some financing.

Under the banner of the oldest and largest automotive aftermarket franchisor, this franchisee has recently been the recipient of a meaningful amount of new business from a national defense contract held by the franchisor. The buyer of this attractive business will be the beneficiary of this contract while receiving ample training from both the franchisor and the seller.

This is a great opportunity to join the exciting and profitable automotive aftermarket industry for less than $50,000 cash with no need for bank financing. To learn more about how you can purchase this long time successful franchise for significantly less money than it would cost to open a new franchise, please call Mike Greengard at 616-450-0707.

Property information

Real Estate:

Lease

Lease terms:

$3,000 per month

Location:

3,500 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Relocation

Trading hours:

Mon-Fri 7:30-5:00; Sat 9-1

Financing available:

Seller will negotiate financing

Inventory / Stock value:

$9,500