WELL Established Full Service Automotive Franchise Must Sell Below Market!
Location: Illinois > Lake County > North Lake County
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $165,000
Gross Revenue: $389,000
Cash Flow: $72,000
Inventory: $25,000 (Not Included in Asking Price)
FF&E: $82,000 (Included in Asking Price)
Seller Financing: The motivated seller will consider assisting the buyer with financing.
Business Summary
Great location, great franchise, trained mechanics and solid cash flow...This is an opportunity to walk into a newly refurbished, long established full service automotive center, employing top-notch mechanics, under the banner of the Midwest's best known and most trusted franchise and instantly be in business for yourself. This well established business has a history of solid cash flow, but would further benefit from the attention of a FT owner operator. Why deal with the hassle of negotiating a lease, build-out & permitting delays, hiring new employees, and the months of negative cash flow required to establish a new customer base? Just by an existing, established shop and start servicing customers tomorrow...you can do that here and all for much, much less than the $350K investment required to just open the doors of a new franchise location!
About the Business
Year Established: 1984
Employees: 3 full time -
Facilities: A stand alone six bay & 6 lift 3,250 sq. ft. facility built in the mid 1980's. The current rent is $5,341/mo. and includes taxes & CAM. THAT'S LESS THAN $20/ft! The lease offers an option to purchase the building.
Market Outlook and Competition: The business is located along one of the busiest corridors in north Lake County. It is well known in the area; however, the owner has been distracted by partnership difficulties in another business and this shop would greatly benefit from a dedicated FT owner/operator. This business could create six figure cash flow well before hitting the national sales average for this franchise, thanks to carefully developed vendor relationships, lower than average labor costs and an attractive lease.
About the Sale
Management Training and Support: The Franchisor provides one of the most respected and thorough training courses in the industry and this is included in the franchise transfer package. This can be augmented by up to 2 weeks of on-site support from the seller.
Reason For Selling: The owner has another partnership that requires his attention

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Listing Tools
BizQuest ID:823954
Seller ID:Lake082206
Business Listed By
Name:Douglas T. Walker, CBI, SBA, CMEA
Company:Sunbelt Business Brokers of Greater Chicago
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.