Proven Established Turnkey Automotive Repair Business

Cedar Rapids, IA
listing image
Asking Price:$3,079,000
Inventory:$53,000
Real Estate:$1,950,000
Gross Revenue:$826,000
FF&E:$250,000
Established Year:2015
BUSINESS DESCRIPTION

Proven Established Turnkey Automotive Repair Business with an A+ rating with the Better Business Bureau, Napa approved AutoCare affiliation, AAA approved Automotive Repair Facility (The only one in the area), with a well maintained database of loyal customers, private and fleet. Staff is seasoned with customer service mindset and well liked by all of our customers. Comes with a 9500 ft2 state-of-the-art facility with state of the art equipment, ten (10) bays, with six (6) 10K two post lifts, two (2) 12K two post lifts, one (1) 18K two post lift, and one (1) 18K four post lift with a hunter alignment rack and alignment machine. All fluid exchange machines are Flo-Dynamics. All office equipment, furniture, and computers will be included. Also has a dealer's license that would be transferred to new owner. An NDA is required before more information will be provided.


DETAILED INFORMATION
Location
Cedar Rapids, IA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
9,500
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Comes with a 9500 ft2 state-of-the-art facility with state of the art equipment, ten (10) bays, with six (6) 10K two post lifts, two (2) 12K two post lifts, one (1) 18K two post lift, and one (1) 18K four post lift with a hunter alignment rack and alignment machine. All fluid exchange machines are Flo-Dynamics. All office equipment, furniture, and computers will be included. Also has a dealer's license that would be transferred to new owner. An NDA is required before more information will be provided.
Competition
We have captured a lot of market share since opening the franchise in 2015.
Growth & Expansion
Plenty of growth opportunities, cars are still being manufactured, they still breakdown, and people still need to pay other people to fix them. We have become well known in the commercial realm and other businesses rely on us to keep their fleet vehicles running so they can keep their employees in the field generating them revenue. We have an A+ rating with the better business bureau. We are a Napa AutoCare facilty, so we have name recognition. Also, we are the only AAA approved repair facility in our area.
Financing
Up for discussion
Support & Training
The Franchisor supplies corporate training and oversight of the success of each of their franchisees. Owner will stay on for a negotiated fee for a negotiated amount of time during the transition.
Reason for Selling
I have enough to retire and I have an eight year old son, I would like to watch
Franchise
This business is an established franchise
Report an Issue with this listing
Business Listed By:
Not Disclosed
Listed By: Not Disclosed