Midas Auto Experts Franchise Business
Location Illinois,United States
Asking Price Range $250K - $500K
Gross Revenues $550000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1990
Number of Employees 6 - 9
Inventory 310000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Yes, reasonable & as needed.
Reason for Sale Semi-retire.
Description Midas auto experts franchise business/es for sale. 6 auto service bay. Price $300,000 plus the product inventory at cost. $10,000 estimated inventory. Busy corner location in Chicago, IL. Sw.
$7,500 average monthly rent estimated. 10% royalty fee on sales. Midas and landlord approval required. Current owner absentee, so, a full-time owner operator should increase sales and net income? Confidential sale.
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