Active
Auto Repair Franchise - Northwest Houston
This auto repair shop is part of a nationwide franchise providing exceptional auto repair and maintenance services for individuals and commercial accounts serving the Copperfield, Cypress, Katy, Bridgeland, Towne Lake, Fairfield and surrounding areas. Their certified auto repair experts are ready for any break, leak, or maintenance request using state-of-the-art diagnostics. The business is operated from a free-standing building with 11 bays and 10 lifts. They also have an incredibly nice and clean customer waiting area. The business offers free shuttle service, after hours Car Drop-Off & Pickup, and roadworthy 36 month,36,000 mile warranty. The franchise royalty is 6% with a 1% advertising fee. This business can be purchased for only $40,000 cash down and assume an existing SBA EIDL 30-year loan at only 3.75 interest rate. Training will be provided by the franchisor and current owner.
Listed By: Jeffrey Jones
Background information
Reference:
83547
Year established:
2016
Reason selling:
Burn out
Finance
Sales:
$1,011,227
Profits:
Undisclosed
Profit type:
Undisclosed
Operations
Employees:
Owner, Bookkeeper, Counter Person, Service Manager, & 4 mechanics
Equipment:
See list of equipment herein.
Inventory:
$15,000 at cost.
Premises
Facility:
Free standing building
Square footage:
6,489
Rent and lease terms:
Base rent $10,083.33 plus $1,531.90 3 Net charges. Base lease expires 7-14-26 and has two 5 year options to renew at only 2% rent increase.
Location:
Norhtwest Houston
Price and terms
Price:
$335,000
Down payment:
$40,000
Financing:
$40,000 cash down and assume an existing 30-year EIDL loan with interest at 3.75% = $1,547 P/M.
Training:
Provided by the Seller and the Franchisor.