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Established Auto Repair Franchise-Profitable & Same Location for YearsNashville, TN (Davidson County)
Asking Price: $390,000
Cash Flow: $146,700
Gross Revenue: $910,000
FF&E: $100,000
Inventory: $5,000
Established: 1985
Detailed Information
Business Description
For more than 50 years, this Company's/franchise's network of locally owned and independently operated automotive service centers have employed the latest technology. Expert technicians diagnose a repair, fix it right the first time, and back it with a nationwide warranty. Known as the world’s leading automotive and transmission expert, the company has evolved into providing total auto care as a brand that provides a variety of services, including brake repair, tune-ups, shocks and struts, routine maintenance and more.
Their initiative to be the total automotive care industry leader was launched over a decade ago to capture an outsized share of the $64 billion auto repair industry and has been a home run for the Company & franchisees. The brand has seen growth by double digits at their franchisees as their loyal customers are now becoming customers for full auto services including oil changes, brake repairs, heating and air conditioning maintenance, tires, and more.
Franchise owners have access to more than 300 courses through their franchise University with expert instructors, ranging from basic shop safety to master-level diagnostics and full auto care. It is expected that the trained technicians and staff will remain with the business.
Detailed Information
Location: Nashville, TN
Inventory: Included in asking price
Real Estate: Leased Building
SF: 6,000
Employees: 5
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Leased facility with high visibility on busy main state highway in active part of the city.
Competition: There is competition from locally owned shops, but this business's brand and referral network are unmatched. They constantly stay busy with a waiting list There is only one other franchisee of the same brand in this large metropolitan market that is on the other side of the city.
Growth & Expansion: The franchisor is expanding and selling additional locations, both new and existing from retiring dealers.
Financing: Owner will provide limited seller financing to a qualified buyer.
Support & Training: The owner has been in the business and industry for years and will assist the new buyer in operating the business and how to be successful. Franchise owners have access to more than 300 courses through their franchise University with expert instructors, ranging from basic shop safety to master-level diagnostics and full auto care.
Reason for Selling: Owner has other business and lives 30 miles
away. He wants to be near home.
Franchise: This business is an established franchise.