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Businesses For Sale > Business For Sale in Grand Rapids, Michigan (MI)

Automotive Aftermarket Franchise Resale

Grand Rapids, Michigan (MI)

Asking Price: Gross: Cash Flow:
$229,000 $415,000 $95,000

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Real Estate:
$650,000 (not included in the asking price)

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 very 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 4800 square foot facility (in excellent condition) with street frontage and direct access from one of two of Grand Rapids’ major thoroughfares. The real estate is available for purchase separately for $649,000. Payments on an 80% mortgage would actually be less than the current rent so a serious buyer should consider the real estate purchase along with buying the business. This successful business regularly records revenues between $400,000 and $500,000 with an annual cash flow around $100,000. The attractive $229,000 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.

 

   
Year Business was Established: 1988
   
Number of Employees: 3 Full/1 Part  
   
Facilities / Terms of Lease: 4,800 sq. ft. building; available for lease or purchase  
   
Owner willing to finance: Seller will negotiate financing  
   
Owner willing to train: Seller will provide training  
   
Reason for selling: Reduce Workload  
   
Seller Reference Number: N351-MG
BusinessMart.com Listing Number: 38746
 

 

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For more info contact:

Ken George

Sunbelt Business Advisors
616.285.8121

CONTACT SELLER

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