Franchise Car Repair SBA Approved NEW PRICE

Knoxville, TN (Knox County)

Asking Price: $260,000

Cash Flow: $106,236

Gross Revenue: $584,000

Business Description

Be part of one the fastest growing Car Care brands in the US. This shop is already trending to $1 million dollars and can be purchased less than starting a new location. $584,000 in revenue for the first full year of operation. At $1 million, cash flow should exceed $150,000 as an owner operator. This location will continue to grow.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Six bay shop with underground access with new build out. This facility is located in a HIGH INCOME/HIGH GROWTH area of Knoxville. All bays have lifts and the latest diagnostic equipment so Technicians are able to work on every make and model of vehicle. Nice reception area with wi-fi provided for customers.
Normal branded and non-branded shops but this fast growing brand continues to be an innovator in the industry.
Growth & Expansion:
This shop opened in the spring of 2015 and is on track to achieve $1 million in 2017 based on other shops in the Franchise.
Support & Training:
Seller is the area developer for the Franchise and will be available for on-going support and training. In addition, buyer will have to go through Corporate training as well.
Reason for Selling:
Concentrate on Brand development

This listing was added 05/29/2018

The Listing Broker