Ad ID: 1520073
Type: Established business
Category: Services – Other Business Services
Category: Services – Auto Repair, Parts & Svcs
Included in the Asking Price:
Furniture, Fixtures & Equipment: $80,000
Cash Flow: $130,000
This is a rare opportunity to purchase one of the leading Tire, Wheel, and Auto repair franchises in the area. With over 700 stores nationwide, this is one of the most recognized and respected brands in the industry. Locally, this auto care center has been the go-to option for people in Reno/Sparks in need of any type of car care for their vehicles. They are superbly located along Interstate 80 in an area surrounded by commercial and industrial industry. Excellent visibility and signage attract a steady drive-by business. 40 plus years of great reputation for excellence in repairs, maintenance, and customer service that has built a very loyal customer base, many who remain life-long patrons of the shop. Northern Nevada is growing at an unprecedented rate, increased housing equates to increased traffic, which is great for the automotive business growth. This operation is set up to handle the growing customer base. The franchise offers excellent support, including a user-friendly website with services offered, online shopping, coupons, and all services offered by the store. The shop has well-maintained equipment, offers a comfortable working environment, and is turn-key. This store is well staffed with experienced employees willing to continue to work for a new owner. This is a one-of-a-kind opportunity for a motivated Buyer to acquire a long-established, highly reputable auto care center, which has been around for generations in the Reno/Sparks community. With $125,000 worth of Equipment and Inventory included in the sale. $7,000 Franchise Transfer Fee to be paid by the Buyer.
Year Established: 1965
Facilities: Established high-traffic location near Interstate, 5 large service bays, large modern showroom, offices, over 5000 sq ft building with highly visible signage.
Competition: Exclusive Hercules Dealer, located off Interstate(high traffic), established location over 40 year, Local tire warehouse delivers daily, minimal storage requirements.
Growth and Expansion: Local residential and commercial growth is increasing traffic and vehicles brings new business, Strong Web presence.
About the Sale
Financing: $130,000 down, 6.75%
Support/Training: Franchise Support, seller post closing support period negotiable.
Reason Selling: Retirement