Car Care Center of Hampton Roads

  • Listing# : 13582
  • Listed Price : $249,500
  • Total Sales : $498,016
  • SIC : 7549
  • Down Payment : $249,500
  • Status : Active
  • Discretionary Earnings : $74,197

Business Type :

Automotive / Auto Quick Lube

Business Description :

Franchise Based Car Care Center. Operating 30 years in total, the current owner has operated the business for the last 12 years in a spectacular location in Hampton Roads. This automobile service center has a strong and loyal customer base. The owner set a standard day one and has adhered to a simple concept of providing great customer service at a reasonable price, high quality products, superior workmanship and attention to detail. A winning formula. In addition, a full time Manager on staff oversees the day to day operation and 4 full time employees support the operation. This complement of employees has allowed the Owner to focus his energy “On the Business”. The operation runs seven days a week on a major thoroughfare with easy entry and exit and great signage. The Franchise agreement runs 15 years with a renewal option. The lease is reasonable for the space and location and it runs until 2030. With all the above, this opportunity presents as a true turn key opportunity, complete with everything a buyer needs. The inventory averages approximately $20,000 with the exact value at closing being added to the purchase price. As a bonus, the purchase of this business includes an additional franchise location license valued at $30,000, for free. So a buyer at some point in the future can open another facility in a location of their choosing without having to pay the additional license fee. A nice bonus for future growth plans. A strong customer base with great cash flow and built in future growth opportunities! This one is a must see!

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $22,000
    • Incl : No
    • Liabilities $0
    • Incl :
    • FF&E $30,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $10,000
    • Incl : Yes
    • Total Assets $40,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Automotive