| Asking Price |
$229,000 | Inventory |
tbd* |
|---|---|---|---|
| Gross Income |
$415,000 | Real Estate |
|
| Cash Flow |
$95,000 | Year Established | 1988 |
| FF&E |
tbd* | Employees | 3 Full/1 Part |
* included in the asking price
** not included in the asking price
The long time owner of this successful automotive aftermarket franchise has just had a milestone birthday and has decided to slow down. Part of the process includes reducing his stable of automotive aftermarket businesses and as such he is offering this very attractive business for sale. Under the banner of an established, successful, respected, and well known regional franchisor, this ideally located franchise operates out of an attractive 4800 square foot facility (in excellent condition) with street frontage and direct access from one of two of Grand Rapids major thoroughfares. The real estate is available for purchase separately for $649,000. Payments on an 80% mortgage would actually be less than the current rent so a serious buyer should consider the real estate purchase along with buying the business. This successful business regularly records revenues between $400,000 and $500,000 with an annual cash flow around $100,000. The attractive $229,000 price tag for the business includes all assets, inventory, the franchise transfer fee, and two weeks of franchisor provided training at the business. In addition, to help a serious, enthusiastic, and undercapitalized buyer (buyers do not need mechanical skills just good business sense and a desire to make money), the seller will offer meaningful seller financing. To learn how you can become an instant player in the fun, exciting, and lucrative automotive aftermarket industry, please call Mike Greengard (616-450-0707) to learn more about this excellent franchise resale opportunity.
Facilities: 4,800 sq. ft. building; available for lease or purchase
Financing: Seller will provide financing
Support/Training: Seller will provide training
Reason Selling: Reduce Workload

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