Well Established Busy Midas Auto Center
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $712000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 4 - 5
Inventory 150000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Franchisor will provide 2 weeks free training.
Reason for Sale Relocating to Florida.
Description Great opportunity to own reputable, busy and well known Midas auto repair franchise for sale. Business was established in 1978 and provide varieties of auto repair services including auto repair, tire sale, alignment, NYS inspection, etc. There five bays and four lifts, 2 NYS inspection machines, alignment and tire machine and many other equipments. Business also has a manager on the premises who is in charge of all daily operation so it could be run on an absentee basis as well. Because of Midas reputation there many loyal repeat customers. Business open 6 days per week M-F from 8am-6pm and Sat from 8am-4pm closed on Sunday. To qualify the Buyer must have retail and management experience, but auto repair experience is not necessary. For additional information please email or call Mark Gavrilov 516-942-3588
Facilities: Business located very busy main road in Nassau County across from train station and next to main hwy. It occupies 8,000sqf at rent $8,826 includes tax. Ample parking . There 15 year lease plus option to renew. There is no competition within 5 miles radius
Support/Training: Franchisor will provide 2 weeks free training.
Reason Selling: Relocating to Florida
Year Established: 1978
Employees: 3f/1p
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