Midas Auto Repair - Great location

New Jersey

  • Asking Price: $379,000
  • Gross Income: $1,147,108
  • Cash Flow: $133,964
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $118,682
  • Listing ID: #208401
  • Established: 1962
  • Employees: 5FT

Business Description

Midas has evolved from a specialist in under-the-car services to the provider of an extensive and growing list of maintenance and repair services: brakes, steering, suspension, exhaust, catalytic converters, batteries, tires and more. Midas serves individual vehicle owners as well as nationwide vehicle fleets.

Business Details

Primary Business Category: Services - Other Services
Location: New Jersey

Company Information

Year Established: 1962
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 5FT

Financial Information

Asking Price: $379,000
Gross Revenue: $1,147,108
Cash Flow: $133,964
FF&E: $118,682
Seller Financing Available: No

Property Information


10 Bays loaded with equipment and well maintained. Long term lease.

Growth & expansion opportunities:

Local marketing will help to improve sales.


There are several competitors nearby. Midas is the number one Brand in the automotive industry. This location has been in business since the 1960's.

Reason for selling:

Midas is proud to be one of America's original franchise opportunities-and one of its best. Founded as a single shop in Macon, Georgia in 1956, Midas has been building an excellent reputation in the auto-repair industry for over 60 years. MIDAS is the premier brand name in world-class automotive repair and automotive maintenance services. This location was established in the 1960's and has become the staple auto repair shop in the area with nearly $1,000,000 is sales volume. Very visible highway location with 10 bays and favorable lease. Updated and turnkey with over $800K in annual sales.

Support & Training:

Will train for 2 weeks @ no cost Midas Services: Tires, Brakes, Oil, Everything.

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Business Listed By:

Ed O Deven

Murphy Business Brokers