Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

Asking Price	$400,000	Inventory	$23,000*
Gross Income	$656,940	Real Estate
Cash Flow	$142,463	Year Established	1995
FF&E	$80,000*	Employees	4

* included in the asking price

** not included in the asking price

An excellent opportunity to take over a well-run national franchise. It has everything in place, such as location, lease, name, reputation, procedures, and profitability. The current owner's involvement has been limited to General Manager and bookkeeping duties which leaves ample opportunity for an owner operator to take it to the next level.

Facilities: Business operates out of a 3,700 sq. ft. state-of-the-art facility which is very close to a freeway entrance and exit. It has a very competitive rent factor with four years remaining on their current lease plus one five year option.

Competition: Business has national name recognition, franchise systems and support and an excellent location. Over the past 12 years, the owner has built a loyal following with both retail and fleet customers and has a very low complaint rate.

Growth/Expansion: By admission, the owner acknowledges that there is ample opportunity to improve on their customer call back, marketing, and fleet solicitation. The bottom line could also be improved by continuing a recently implemented cost containment program. As a semi-absentee owner, he really hasn't focused in the areas as much as he should have.

Financing: $200,000 dn and $2,000 per mth for 164 months with a 84 month balloon.

Support/Training: Buyer will get two to four weeks of training with Franchisor (depending on experience) plus two weeks from Seller.

Reason Selling: retirement