MergerPlace

Multi Location Auto Repair Shops

Virginia


  • Asking Price: $825,000
  • Gross Income: $1,469,663
  • Cash Flow: $298,979
  • Real Estate: Not Disclosed
  • Inventory: $48,000
  • FF&E: $77,000
  • Listing ID: #208676
  • Established: 2009
  • Employees: 40 FT

Business Description

Multi Location Auto Repair Shops. Blanketing Hampton Roads Virginia and beyond, these service centers exclusively perform tire service. From repairs and replacements the centers offer up new and use tires at superbly competitive prices and rocket fast service. The businesses have a vast array of brands both new and used and can handle any make of vehicle. And whether a customer decides to choose new or used product options the highly skilled technicians at the operation will high speed spin balance, rotate and mount the tires all in less than a half hour. And complete tire and rim packages are available within a day. Each facility in this operation is set up and designed as a stand alone store. And each have management in place as well as a robust technical staff. Combining the enterprise from a central management perspective allows for efficiency, synergy and pricing leverage. So as a whole the operation can offer great competitive pricing based on volume and as well, offer superior service as the overall operation meets any customer need with same day service. The Seller has grown a strong brand and platform over many years which is set on a trajectory for continued growth. Now looking toward retirement the Seller will offer a smooth transition into a great business model. And the purchase has been lender pre-qualified! So with a down payment between 10 and 20% of the asking price, a buyer can enter this great business opportunity.


Business Details

Primary Business Category: Services - Other Services
Location: Virginia

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 40 FT

Financial Information

Asking Price: $825,000
Gross Revenue: $1,469,663
Cash Flow: $298,979
FF&E: $77,000
Inventory: $48,000
Seller Financing Available: No

Property Information

Facilities:

Each location has a long term lease in place and each lease is independent to the location.

Reason for selling:

Retirement

Support & Training:

Will train for 3 weeks @ no cost

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers