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4 Midas Locations - Strong Locations
Location: United States -> Indiana
Industry: Auto Related > Auto Repair




Business Summary

Full Service Auto Repair Center for sale.

This is a perfect opportunity for an asset sale with 4 franchise Midas locations. The seller owns 100% of the shares of this corporation and includes all furniture, fixtures, equipment, and inventory. This business is operated efficiently with the current management and staff. This business represents an ideal situation for an owner who is hands on or an investor that is hands off, but will give guidance and put in place the administrative component of the business. The reason for this sale is simply retirement of the current owners.

With nearly 1300 locations across the U.S. and Canada, Midas auto repair technicians can perform preventive maintenance and car repair wherever you are. Every Midas store is staffed by ASE-certified mechanics and we're proud to have helped form the Motorist Assurance Program (MAP), an independent industry group that establishes best practices for automotive maintenance and auto repair. Midas offers complete auto care for your vehicle. Whether it's time for your next factory recommended maintenance visit, a routine oil change, new tires, or repair services on your brakes, muffler and exhaust, suspension, air conditioner, or any other mechanical or electrical component of your car, Midas is in your neighborhood and ready to serve you.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,760,000
Cash Flow:   $420,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $125,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1975
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retiring

Photos

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4 Midas Locations - Strong Locations Photo 1




Print Listing Id: 700266193
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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