MergerPlace

General Car Repair

Idaho (Ada)


  • Asking Price: $165,000
  • Gross Income: $552,659
  • Cash Flow: $72,025
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $75,000
  • Listing ID: #201922
  • Established: 1998
  • Employees: 4 FT/2 PT

Business Description

Great opportunity to pick up an existing franchise business with increasing revenues at less than start-up cost! All the heavy lifting has been done, business is turnkey waiting for somebody to walk in and continue the upward trend. No hiring headaches or expensive equipment purchases. Auto repair is a multi-billion dollar industry said to be one of the recession proof trades. People are driving their vehicles longer which means more repairs. It's time to BE YOUR OWN BOSS. This well recognized national franchise opportunity enables you to own your own business, yet have the support and buying power of a national corporation and over 900 other stores. Better buying power means higher margins over your competitors. This is a total car care facility where services include transmissions, oil changes, tune-ups, brakes, exhaust, tires, steering/suspension services and scheduled maintenance among others.


Business Details

Primary Business Category: Retail Trade - Gasoline and Service Stations
Location: Idaho
County: Ada

Company Information

Year Established: 1998
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4 FT/2 PT

Financial Information

Asking Price: $165,000
Gross Revenue: $552,659
Cash Flow: $72,025
FF&E: $75,000
Seller Financing Available: No

Property Information

Facilities:

Business is in a fast growing area of largest city in the state. Facility is located near major retail shopping center and theater cluster. Shop has 2,826 square feet with 6 bays and more than ample equipment. Favorable lease terms and high traffic area make this shop stand out.

Growth & expansion opportunities:

The business was doing better before Owner purchased another shop across town. He then split his time between the two. A new owner should be able to ramp up the sales and get the store back up to over $700,000 in gross revenues. The numbers prove the potential is there.

Competition:

There are other car repair facilities in the city, but no direct competitors are close. Wide brand awareness gives this store a distinct advantage. National and local advertising campaigns in place to put it above the competition. Customers associate the name with reliable quality work at a reasonable price. The field of auto repair has been expanding throughout the past several years as we have seen the average age of vehicles increase. In addition to keeping their cars longer, there has also been an increase in the number of cars sold each year. Miles driven continue to grow, resulting in increased maintenance and repairs.

Reason for selling:

Owner has opportunity for another business venture.

Support & Training:

Will train for 2 weeks @ no cost. This business is a full service car care facility. They do all preventative maintenance as well as expert, affordable repair, including brakes, tune-ups, transmission service, oil change, tires & wheels, exhaust & mufflers, A/C service and repair, steering & suspension, vision & safety, inspections, cv joints, etc. Potential Buyer must qualify with franchisor and attend two week training at corporate headquarters before franchise license can be transferred.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

David Choate

Murphy Business Brokers