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Businesses For Sale > Business For Sale in Everett, Washington (WA)

Established National Auto Repair Franchise – Steal for sale in Everett, WA

Everett, Washington (WA)

Asking Price: Gross: Cash Flow:
$ 69,000 $ 485,417 Undisclosed

Furniture and Fixtures Value:
$ 57,000 (included in the asking price)

Inventory Value:
$ 5,000 (not included in the asking price)

Business Summary:
This full service Auto Repair shop has been established for over19 years, in the same area, and is an icon in its industry. The business has built its reputation on integrity, honesty, and great professional service. It has great visibility and lots of parking. The business occupies 4900 square feet and has 4 bays and 6 lifts with space to work on RV’s, storage, an office and reception area. The business offers full maintenance and repairs services, including brakes, tires, mufflers, exhaust systems, suspension, lube and oil, heating & cooling systems, batteries, and fleet services. The business has an easy to use POS system that has the customer’s history and price verification for parts. The high season is from about March to October. The franchise fee is 10% of net revenues, except for tires (6%) and batteries (2%). The transfer fee is $5,000. The Franchisor provides 3 weeks of training at its headquarters in Florida and the Seller will provide one week of onsite training after closing. The business has a long history of repeat business and loyal client base. The current owner wants to retire.$30K price drop - very motivated seller - bring offers

 

   
Year Business was Established: 1998
   
Number of Employees: 3FT  
   
Facilities / Terms of Lease: The business occupies 4900 square feet and is located on one of the busiest arterials in South Everett. There is great visibility and lots of parking. The business has 4 bays, 6 lifts; space to work on RV’s, an office and reception area, and lots of storage. The total rent is $5029 per month. The lease runs till June 30, 2022. The POS System software is leased at $218 per month. The base lease rate will increase by CPI starting in June of 2017.  
   
Potential Growth/Expansion: The new owner could easily increase revenues by increasing tire sales, adding engine and transmission replacement services, increase local fleet sales, adding a detailing and windshield replacement service, and adding a retail section of accessories and impulse items for the cars. The current owner has not utilized any of the social media platforms and a new owner could increase the public’s awareness and its revenues by starting a dedicated social media campaign  
   
Competition: This full service auto repair business has been in the same area for over 19 years and has a very loyal and dedicated customer base. Over 60% of its business is repeat customers. A majority of its customer base is by referral from its satisfied clients. The integrity, honesty, and professional service bring the customers back over and over again.  
   
Owner willing to finance: Cash  
   
Owner willing to train: The Franchisor provides 3 weeks of training at its headquarters in Florida and the Seller will provide one week of onsite training after closing  
   
Reason for selling: The seller wants to retire  
   
Seller Reference Number: hfngMidas
BusinessMart.com Listing Number: 207369
 

 

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Randi Edwards

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