Business Summary:
A Midas auto repair & service franchise business located on a major highway location of Morris County, New Jersey. Midas is a lucrative franchise providing excellent auto repair and customer service for over 50 years. This particular business site is very spacious and includes a five bay garage and a private office for the owner. The seller is relocating out of the area and will fully train and consider financing to a qualified buyer. The opportunity offers entry into a well known franchise with an excellent reputation.
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| Year
Business was Established: 1985 |
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| Number of Employees:
8 |
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| Facilities / Terms of Lease:
Business facility consists of a spacious 6,000 square feet area with a five bay garage. The franchise frequently offers a twenty year lease for a new franchisee. Private parking for twenty vehicles is available and included onsite. The monthly rent is approximately $5,905. |
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| Potential
Growth/Expansion:
With continued good service and franchise recognition this business will further improve and develop. |
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| Competition:
No other auto businesses are in the general area. |
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| Owner
willing to finance:
Seller financing is available |
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| Owner
willing to train:
Seller will provide a full due diligence and transitional period. Subject to franchise approval and franchise training is included. |
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| Reason for selling:
Relocating out of the area. |
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Seller Reference Number: AUTO111
BusinessMart.com Listing Number: 71635 |
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