Business For Sale Listing 152463
Auto Repair
Status as of Dec-4-2008 at 06:00 PM: Active
Business Summary
6 bay auto repair shop located on a very high traffic street in north Las Vegas with stop light at closest intersection that seller states continues to create new business daily for the shop. The training and ongoing support offered by the franchisor is so strong that a buyer wouldn't even need a background in automotive according to the seller. Property manager states that rent could be reduced to buyer by blocking off approximately 3,100 s/f (7th & 8th bays) of the shop. Franchise offers optional packages to the franchisee such as: fleet program, credit card program, nat'l parts purchasing, nat'l advertising campaigns, nat'l employee dev. & recruiting program, nat'l employee assistance, and mystery shoppers to critique the store, per the area developer. According to the seller: average ticket is $280, average of 50 vehicles/wk, and the average hourly labor rate is $89.28 (daily reports available to qualified buyers).
Leased location of 3,600 square feet with a total rent of $5,400. Seller is active in business with 3 full time employees. $5,000 accounts receivable, $18,000 inventory and $87,825 equipment and fixtures included. $200k down owc balance for 48 months @ 8%. Will train for 2 weeks.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($699,791) |
| Profits: |
Between $100 Thousand and $500 Thousand ($190,584) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($381,500) |
