Franchised Auto Repair
Franchised Auto Repair
Consistantly Profitable
Indianapolis
Listing Number: IEB-104-04
Financial Information
Asking Price: $250,000
Real Estate: Leased
Gross Revenues: $655,889
Cash Flow: $118,481
Business Description
Well known, franchised automotive repair business with good exposure and profitable business. Inventory is included in price. Excellent opportunity, below market price, to get into the auto repair business. Experienced manager in place with a track record of sales....profitable from day one.
Must have either business management or auto repair experience.
General Information
Facilities: The facility is largely concrete and steel in construction, helping with insurance rates. It has 8 bays in 6,000 square feet. The business includes approximately $70,000 in equipment including an alignment rack, and 6 other automotive lifts, diagnostic equipment and more.
Growth & Expansion: The business has the opportunity to do approximately $1 million in gross revenue with an 8 bay shop. So, the business could grow 50% in the current location with the current equipment by additional advertising and partnerships.
Employees: 5
Financing: A qualified buyer should be able to obtain SBA financing with 20% down
Support & Training: This is a franchise opportunity, so the franchise will provide 3 weeks training prior to closing so you can hit the ground running. The seller will also provide training as needed to assure a successful transition. Seller may consider a longer term mechanic role if the new owner so chooses.
Reason Selling: Retirement
Contact Information
Contact: Scott Lands
Phone: 317-333-6655 x 104