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Nationally Franchised Auto Repair Business
Location: United States -> Iowa -> Central Iowa
Industry: Auto Related > Auto Repair




Business Summary

Unique opportunity to acquire a turnkey franchised operation that is number one in its category. Instead of opening a new franchise location for the same or more of an investment, step into a successful location on day one that has a loyal and local customer base. This is a family friendly business with most evenings and weekends free. Additionally, this recession resistant business cannot be replaced by an online service.

Since it was acquired (2016) by the current owner, sales have increased, and a more streamlined operational process has been put in place resulting in improved online ratings and a strong as well as loyal local customer base. This business enjoys a robust commercial/wholesale and fleet/national business component combining both general repair and a specialty trade.

The current lease for the property where the business is operated is a transferable lease with seven years remaining and places the business in a desirable location for the services provided. The operation includes five employees that would stay in place and the owner is open to stay on in an onboarding/advisory role for a mutually agreed upon period of time.

Asking $225K for the business. Additionally, the buyer would pay a $4550 security deposit to landlord for the lease space if they maintain the same location. Furthermore, there would be $5-7K due to the Franchisor as a security deposit and mandatory training (costs range between $2-$4K) that are conducted by the Franchisor that the buyer would have to cover.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $825,324
Cash Flow:   $4,842
Cash Flow Type:  EBITDA
Inventory:  included in asking price
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will provide support, also franchisor training
Reason For Selling:  Seller to pursue other business interest

Photos

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Nationally Franchised Auto Repair Business Photo 1




Print Listing Id: 700344842
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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 > Iowa Businesses For Sale > Iowa Franchises For Sale > Iowa Business Brokers



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