MergerPlace

Auto Repair Franchise

New Jersey (Morris)


  • Asking Price: $225,000
  • Gross Income: $478,930
  • Cash Flow: $31,176
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $64,550
  • Listing ID: #207100
  • Established: 1998
  • Employees: 3 FT

Business Description

Having been in operation for the last twenty years, this is a very well known and profitable auto center. The company's operations consists of 10 bays, 10 lifts and a well-trained staff of experienced technicians that support the owner who is also an operator. The service center provides various automotive repair services, including brake repairs, suspension, steering, exhaust, tires and general preventive maintenance services. The business is located on a high volume street and it comes equipped with inventory and name brand equipment. The company franchise is an international market leader, with more than 2,000 franchises currently in operation.


Business Details

Primary Business Category: Transportation and Warehousing
Location: New Jersey
County: Morris

Company Information

Year Established: 1998
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $225,000
Gross Revenue: $478,930
Cash Flow: $31,176
FF&E: $64,550
Inventory: $15,000
Seller Financing Available: Yes

Property Information

Facilities:

This business is located in a 6,000 square foot, 10 bay/10 lift facility on a very high traffic street.

Growth & expansion opportunities:

The company's parent franchisor has currently embarked on a nation-wide marketing campaign to further drive brand recognition and growth to the service centers at the franchisee level. With a little bit of local advertising a new owner could drive both top and bottom line growth even further.

Competition:

While there is competition in the marketplace, the franchise's name and brand recognition coupled with this location's history of providing exceptional service has created a great deal of customer loyalty over the years.

Reason for selling:

Owner wishes to retire.

Support & Training:

Company provides general auto repair services; brakes tires, exhaust, steering, suspension and general maintenance. ASE certification is required.

Contact Business Seller

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Business Listed By:

Craig Sanford

Murphy Business Brokers