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Car Care Center Of Hampton Roads
Location: United States -> Virginia -> Virginia Beach
Industry: Auto Related > Auto Repair




Business Summary

Franchise Based Car Care Center. Operating 30 years in total, the current owner has operated the business for the last 12 years in a spectacular location in Hampton Roads. This automobile service center has a strong and loyal customer base. The owner set a standard day one and has adhered to a simple concept of providing great customer service at a reasonable price, high quality products, superior workmanship and attention to detail. A winning formula. In addition, a full time Manager on staff oversees the day to day operation and 4 full time employees support the operation. This complement of employees has allowed the Owner to focus his energy ''On the Business''. The operation runs seven days a week on a major thoroughfare with easy entry and exit and great signage. The Franchise agreement runs 15 years with a renewal option. The lease is reasonable for the space and location and it runs until 2030.

With all the above, this opportunity presents as a true turn key opportunity, complete with everything a buyer needs. The inventory averages approximately $20,000 with the exact value at closing being added to the purchase price. As a bonus, the purchase of this business includes an additional franchise location license valued at $30,000, for free. So a buyer at some point in the future can open another facility in a location of their choosing without having to pay the additional license fee. A nice bonus for future growth plans. A strong customer base with great cash flow and built in future growth opportunities! This one is a must see!

Selling Price: $249,500
For more information, please contact Frank Chebalo @ 757-967-7249.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $498,016
Cash Flow:   $74,197
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $30,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1987
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will train for 2 weeks @ no cost.
Reason For Selling:  The owner is retiring.

Photos

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Car Care Center Of Hampton Roads Photo 1




Print Listing Id: 700287637
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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 > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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