High Cash Flow Automotive Business - Limited Owner Involvement


Asking Price: $495,000

SOLD

slideshow image
 
 
  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: , King County, WA,
Gross Income (last 12 months):
$941,969.00
Value of Furniture, Fixtures, and Equipment:
$100,000.00
Cash Flow (last 12 months):
$224,267.00
Included in Asking Price?:
Yes
Year Established:
1980
Value of Inventory:
$5,000.00
Number of full-time employees:
3
Included in Asking Price?:
No
Number of part-time employees:
1
Value of Property (if for sale also):
--
   
Included in Asking Price?:
No

Description


This is a high cash flow auto repair business where the owner has limited involvement and does not fix cars. The business is a franchise so there are proven systems in place. Automotive experience is not necessary to own this business. There is currently a full-time service manager, 2 full-time automotive technicians, and 1 part-time junior technician. The business performs a full range of automotive repair and maintenance services such as oil changes, brakes, batteries, engine tune-up and repair, transmission, cooling system service, computer diagnostics, factory scheduled maintenance, etc. The business has been established since the early '80s. Due to health issues in the family, the owner is looking to exit in order to devote more time to family. This is a rare opportunity to purchase a well-established and highly profitable auto repair franchise and bring it to the next level. The buyer needs to pay the $6,000 franchise transfer fee and attend several weeks of training offered by the franchisor.

Facilities / Location


The shop is located on a busy street with excellent visibility. The premise is approximately 4,500 square feet with 8 bays and over 20 parking spots. The current rent is $8,400 per month including NNN expenses.

Competition / Market Pros & Cons


This is highly desirable auto repair shop with a long established history, good reputation, and consistently high cash flow from year to year. There is always demand for auto repair services because people need cars for transportation. Being a franchisee also offers many advantages including an established brand name, proven systems, and extensive training and support from the franchisor.

Growth and Expansion Pros & Cons


Due to health issues in the family, the owner hasn't been able to dedicate as much time to the business. A new owner with fresh energy can follow the proven system and grow the business to the next level.

Support / Training Available


The franchisor will provide extensive training.

Reason for Selling


Health issues in the family.

Any Financing Seller Will Provide?


Broker can assist buyer in obtaining financing.

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