Profitable Midas Shop In Upscale Beach Community
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $760000
Net Profit / Cash Flow $125000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 4 - 5
Inventory 55000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks for 40 hrs per week.
Reason for Sale Relocating out of state.
Description One of the best Franchises you can buy, this Midas shop has been in business since 1989. Oil change, mufflers, auto repairs service. The current owner has elevated the store to an Award Winning location and a local brand favorite. This turn key business operates out of a 2100 sq ft facility that has 3 bays with lifts and two outside low level racks. Situated on a heavy trafficked street, this location boosts high customer satisfaction ratings and customer retention numbers. Plenty of opportunity for growth by extending hours and opening an extra day. Included in the price is $40,000 worth FFE and $15,000 in inventory.
Asking Price $345,000
For more information please email or contact Roy Moss at 714-374-6430.
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