Business Summary:
The long time owner of this successful automotive aftermarket franchise has just had a milestone birthday and has decided to slow down. Part of the process includes reducing his stable of automotive aftermarket businesses and as such he is offering this attractive business for sale.
Under the banner of an established, successful, respected, and well known regional franchisor, this ideally located franchise operates out of an attractive 3360 square foot facility (in excellent condition) in a fast growing West Michigan Lakeshore community. The facility, located on West Michigan’s premier north-south thoroughfare, is available for purchase separately for $449,000. Payments on an 80% mortgage would actually be about 20% less than the current rent so a serious buyer should consider the real estate purchase as well.
Revenues for this business have been consistently around $335,000 the past several years; however, in the first quarter of 2008 revenues have increase 10% from first quarter results from previous years, and the business is now tracking to record a high five figure cash flow on over $350,000 of revenues.
The attractive $179,000 price tag for the business includes all assets, inventory, the franchise transfer fee, and two weeks of franchisor provided training at the business. In addition, to help a serious, enthusiastic, and undercapitalized buyer (buyers do not need mechanical skills…just good business sense and a desire to make money), the seller will offer meaningful seller financing. To learn how you can become an instant player in the fun, exciting, and lucrative automotive aftermarket industry, please contact us to learn more about this excellent franchise resale opportunity.
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