Auto Service/Tire Center & Quick Lube – $400,000+ Cash Flow
Alameda County, CA
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 1% 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 $2,087,500 over the past three years, with average Cash Flow of $407,000, 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 passed by Congress, the SBA may provide funding for the first six months of bank payments, subject to buyer qualification, closing by September 27, 2020, and other SBA guidelines. This program of providing free bank payments for the six months is a great benefit for a buyer acquiring a business this summer, but it may be necessary for Congress to extend the expiration date for this program. As an essential business, this full service auto center remains staffed for normal operations.
This opportunity is being offered through Empire Business Solutions - DRE#01488246.