Richmond, VA - Multi-Unit Automotive franchise opportunity

Richmond, VA
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Asking Price:$1,445,000
EBITDA:$580,000
Gross Revenue:$2,854,000
Established Year:2006
BUSINESS DESCRIPTION

Recession Resistant Automotive Repair Business with high ROI

Simple, repeatable operations that generate robust cash flow, boasting an impressive 70%+ repeat customer rate. Situated in a prime retail-dense trade area, this franchise is strategically positioned to capitalize on the following key characteristics:
• Prime Locations: Occupying 3,000-6,000 Sqft. freestanding buildings with retail frontage on main roads. High visibility and accessibility.
• High Traffic Volume: With over 20,000 vehicles passing by the site daily on average, this location benefits from substantial exposure to potential customers.
• Optimal Visibility: Enjoying full access and visibility from the traffic light, maximizing its exposure to passing motorists.
• Strong Demographics: The surrounding area boasts a 3-mile household income and population well above average, indicating a financially stable customer base and providing ample potential for customer acquisition and retention.


DETAILED INFORMATION
Location
Richmond, VA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
9,200
Employees
12
Facilities
Minimal FF&E. Willing to sell real estate as well, if buyer is interested in purchasing.
Competition
Brand has one of the largest market shares in the industry, 7 out 10 Americans know the name, and actively growing.
Growth & Expansion
Significant opportunity for market expansion by partnering with skilled and well capitalized owners. Little to no competition in market.
Support & Training
Multi-prong approached to training and on going support. Training is provided that is focused on helping owners work on their business: virtually, two week in person training class and opening. Marketing and operations support provided consciously to support driving customer traffic and efficient business practices.
Reason for Selling
Retiring from Business
Franchise
This business is an established franchise
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Rinaldo Sintjago
Rinaldo Sintjago