Car Care Center Of Hampton Roads
www.GlobalBX.com
Listing ID:
700287637
Listing Title:
Car Care Center Of Hampton Roads
Quick Link:
http://www.globalbx.com/listing.asp?bId=287637
Industry:
Auto Related
Industry Segment:
Auto Repair
Country:
United States
State / Province:
Virginia
Area
City:
Virginia Beach
Asking Price Range:
< $250K
Gross Revenues:
$498,016
Cash Flow:
$74,197
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1987
Number of Employees:
4 - 5
Business Description:
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: $189,000
For more information,please contact Frank Chebalo @ 757-967-7249.
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