Business For Sale Listing 123833
Automotive Aftermarket Franchise Re-Sale
Status as of Nov-22-2008 at 06:05 PM: Active
Business Summary
The new Board of Directors has decided that after 27 years of corporate ownership, the Albany, N.Y. corporate location is just too far from the Troy, Michigan corporate headquarters and as such wants to sell the store to a new, incoming franchisee. To get the perfect owner/operator the Corporation has value priced the store at only $100,000 plus approximately $38,000 of inventory.
The location has recorded revenues between $600,000 and $800,000 each of the last four years with the annual cash flow ranging from a low of $25,000 to a high of $100,000. Given the modest $100,000 listing price, this business opportunity represents an extraordinary opportunity for an owner/operator.
To make it easy for the right person to enter the franchise family, Corporate will waive the $25,000 franchise fee and offer financing on the inventory portion of the purchase. In addition, $88,000 of equipment (original cost) is included in the selling price.
This very attractive business is located in a perfectly sized 5100 square foot facility with annual rent of less than $40,000 which represents only about 6% of sales. One part-time and five full time employees are very both loyal and experienced with an average tenure of nearly eight years.
With some 450 franchises around the world has been franchising successfully for over 40 years. With new products and services added yearly, the current menu of profit centers is impressive.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (625,000) |
| Profits: |
Under $100 Thousand (40,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2006 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (100,000) |
