MergerPlace

Great Price for this Auto Franchise, Portland ME.

Portland, Maine (Cumberland)


  • Asking Price: $225,000
  • Gross Income: $876,200
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $4,500
  • FF&E: $31,000
  • Listing ID: #215439
  • Established: Not Disclosed
  • Employees: 5

Business Description

Revenue for general automotive repair in the United States is projected to reach over $46 billion by 2020. There are over 250 million passenger cars reported on U.S. roads. Many of these cars are older cars, which is good news for automotive repair franchise owners. Routine car maintenance and repair are necessary services as Americans choose to keep their cars longer. The average age of a car being driven in the U.S. is 11.5 years old a record high in the U.S. car lifespan. Revenue for general automotive repair in the United States is projected to reach over $46 billion by 2020. There are over 250 million passenger cars reported on U.S. roads. Many of these cars are older cars, which is good news for automotive repair franchise owners. Routine car maintenance and repair are necessary services as Americans choose to keep their cars longer. The average age of a car being driven in the U.S. is 11.5 years old a record high in the U.S. car lifespan.

It is projected that the number of motor vehicles that are older than 12 years will continue to rise over the coming years. Approximately 38 million people use at least one auto repair service each year. Automotive repair franchises' wide range of services is always in demand as long as there are cars being driven on the roads. Automotive repair franchises cover a range of services that customers find useful in maintaining their vehicles. 

These services include general repairs, automotive maintenance, windshield repair, oil changes, brakes, transmission inspections, warrantee services, etc.

* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.

DISCLAIMER: The information contained in this advertisement was furnished by the seller. Sunbelt Business Brokers of San Diego or its agents have not verified the information and make no representations as to its accuracy or reliability.


Business Details

Primary Business Category: Retail Trade - Motor Vehicle & Parts
Location: Maine
Metropolitan Area: Portland
County: Cumberland

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $225,000
Gross Revenue: $876,200
FF&E: $31,000
Inventory: $4,500
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Good opt with an aggressive owner to expand sales through marketing.

Competition:

Some competition but few with this name identity.

Reason for selling:

Owner Retiring / Moving

Support & Training:

By franchisor.

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:

Hal Janke, Pres.,CBI, FIBBA

Sunbelt San Diego Coast