Business For Sale Listing 121107
Automotive Aftermarket Franchise Re-Sale
Status as of Nov-19-2008 at 06:05 PM: Active
Business Summary
The original and still current owner of this ten year old successful automotive aftermarket franchise wants to sell so he can concentrate on his other business interests. With consistent annual revenues of $525,000 and a cash flow exceeding $50,000, this franchise resale offers a buyer the chance to become part of the lucrative and enjoyable automotive aftermarket business while enjoying a meaningful positive cash flow.
In the “what has happened recently” category, for the first quarter of 2007 (historically the slowest quarter of the year) record revenues of $140,000 were recorded (up over 26% from the same 2006 quarter) and an outstanding cash flow of nearly $25,000 was enjoyed during the quarter (up a whopping 5 fold from 2006 levels).
Located on a main street in Columbus, Nebraska, 80 miles west of Omaha, this site was designed and built as this automotive aftermarket superstore. The ten year old facility looks brand new and is kept impeccably clean (you have to see it to believe it!) and boasts a generous 5,000 square feet of shop space and 1,400 feet of showroom space, and more than ample adjacent parking. With rent at a low 8.0% of total revenues, this site has plenty of room to grow the business. Furthermore, the owner of the building would consider selling the real estate.
The seller currently manages the business. His three full-time and one part time shop employees are well trained and as a result, both customer satisfaction and customer retention are strong. The franchisor is well established having been franchising successfully for over 50 years. The brand name is both well known and well respected. In addition, the franchisor is “franchisee friendly” offering as much support as a franchisee wants, but also willing to let a franchisee “do his own thing”.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (520,000) |
| Profits: |
Under $100 Thousand (80,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2006 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (195,000) |
