Services - Auto Repair, Parts & Svcs | Mfg. - Transportation Equipment

Asking Price	$80,000	Inventory
Gross Income	$273,665	Real Estate
Cash Flow	$15,918	Year Established	2002
FF&E	$50,000*	Employees	2 ft

* included in the asking price

** not included in the asking price

The experienced franchise owner chose to expand and purchased this already established auto repair shop which was then converted to Lee Myles in 2002. Lee Myles franchises are nationally known with approx. 120 stores that offer local and national support. The Oak Harbor location offers transmission repairs as well as most other auto repairs including fuel injection, brakes, and cooling services. This location has a loyal clientele with 80% or more of business from the Naval Air Station just down the road. Oak Harbor Lee Myles has been awarded 4 yrs for its great customer service.

Facilities: This auto shop is located on the second busiest street, just down from the Naval Air Station within a strip mall consisting of related auto businesses which offers one-stop shopping convenience. Approx. 2,500 sq ft includes 2 bays capable of 3 jobs inside, an office/reception area, bathroom and upper loft. 2 FT employees:, 1 technician and 1 Service Writer/technician. Plenty of outside parking is available.

Competition: Only 2 transmission shops on all of Whidbey Island. Location is excellent for Navy who offers up front payment and is their preferred referral. Lee Myles of Marysville rebuilds transmissions for Oak Harbor to install which allows increased production ability. The franchise offers national training as well as quarterly support with other shops within the local area.

Growth/Expansion: The strip mall location often offers the opportunity to expand to add more bays. Current marketing is limited to referrals and reputation, increased marketing would be beneficial. Customers often ask for services not currently offered such as glass & exhaust work, and detailing that would increase the profit potential.

Financing: Cash at closing (Agent can help with finding financing if needed).

Support/Training: Negotiable owner & franchise training available.

Reason Selling: Owner wants to work less and focus on main business.