Auto Service/Tire Center & Quick Lube – $355,000+ Cash Flow

Alameda County, CA

Seller Financing Available
Auto Service/Tire Center & Quick Lube – $355,000+ Cash Flow
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Asking Price: $1,520,000

Cash Flow: $355,600

Gross Revenue: $1,661,000

EBITDA: N/A

FF&E: $0

Inventory: $35,000*

Established: 1981

*not included in asking price.

Auto Service/Tire Center & Quick Lube – $355,000+ Cash Flow

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Business Description

One of many Auto Repair businesses available from Art Blumenthal, LLC

Are you worried about job security or looking to take control of your financial future? Consider purchasing a business that addresses a very real demand and gives you the satisfaction of providing a service that helps people in time of need. The automotive service business has been deemed “essential” and sales are recovering from the COVID-19 Shelter in Place. With your energy and commitment, our globally recognized brand name, full course training, full support, and marketing programs, you can be in business within 90 to 120 days, without any prior automotive experience. Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. Call or text Art Blumenthal today at 610-246-1154 to learn more.

This well-established nine-bay auto center is in the top 3% ranking in sales in a nationally recognized brand, and one of the world's largest providers of automotive service, offering total car care including brakes, express oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Sales have averaged $1,980,840 over the past three years, with average Cash Flow of $355,600, affording an Owner/Operator a lucrative salary after financing payments. Highly profitable turnkey operations already have the equipment, inventory, and well trained employees in place. The Seller is currently semi-absentee and focused on other business ventures. With existing sales that are nearly three times the national average for this franchise brand, the Business represents a truly rare opportunity for even further growth for an active Owner/Operator.

Located a short distance from two major Bay Area interstates in an affluent area of Alameda County, CA, this Business offers a buyer a unique opportunity to control your own destiny and realize your dreams of owning a respected business in the community. The national franchise benefits from a high brand awareness, exceptional advertising and 60+ years of experience in providing training and support systems to franchisees that are geared towards business success.

The Asking Price for this highly-profitable Business is $1,520,000, plus $35,000 in inventory. The Business is pre-qualified for 90% Bank/SBA financing for 10 years. Under the CARES Act II, Congress has provided funding to waive all SBA guarantee fees and cover the first three months of Bank/SBA payments, on transactions that close by September 30, 2021 (earlier if funding is depleted and subject to SBA guidelines). This program of providing free payments for three months (up to $9,000/month) is a great benefit to a Buyer acquiring a business.

This opportunity is being offered through Empire Business Solutions - DRE#01488246.

Detailed Information

Location:
Alameda County, CA
Inventory:
Not included in asking price
Employees:
10
Facilities:
Auto repair center is a nationally recognized brand and one of the largest providers of auto service, offering total car care including brakes, express oil changes, exhaust, scheduled maintenance, tires, alignment, steering and suspension services. Extensively equipped, nine-bay prototype building (5,000 square feet) with attractive customer waiting area, plenty of storage space, and large parking area.
Competition:
There is limited national brand competition in the area. The national franchise benefits from a high brand awareness, exceptional advertising and 60+ years of experience in providing training and support systems to franchisees that are geared towards business success. Benefit from strategic alliances on the supply side and effective advertising campaigns to maximize your business.
Growth & Expansion:
Significant growth potential to an energetic entrepreneur through expanding car counts and diversification of services, including scheduled maintenance, tires, fleet sales, etc. Qualified dealers may seek expansion through multi-unit ownership.
Financing:
Qualifies for 90% bank/SBA financing for 10 years
Support & Training:
Classroom and on-line training is provided by Franchisor per the FDD. Additional 20 hours training and several months of telephone consulting would be provided by Seller. Franchisees benefit from complete training and marketing support and a franchise leadership team committed to long-term franchisee growth. Prior automotive background is not required.
Reason for Selling:
Focus on other business interests
Business Website:
http://art-blumenthal.com/
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(from currently available funds)
 
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Art Blumenthal

Business Listed By:
Art Blumenthal

Art Blumenthal, LLC

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