HomeSOLD! Well-Known Auto Repair Franchise in Fredericksburg, VA area with 2 Locations!

SOLD! Well-Known Auto Repair Franchise in Fredericksburg, VA area with 2 Locations!

  • Business Type: Auto Repair, Parts & Services
  • Asking Price: 549995.00
  • Gross Revenue: 2000000.00
  • Cash Flow: 260000.00
  • FF&E Value: 200000.00
  • FF&E Included in Sale: Yes
  • Inventory Value: 10000.00
  • Inventory Included in Sale: No
  • Real Estate Value: $
  • Real Estate Included in Sale: No
  • State: Virginia
  • City/County: Stafford
  • Year Established: 1999/2009
  • Employees: 15
  • Listing Number: HZ238DZ
  • Listing Broker: Dustin Zeher
  • Broker Contact: 571-437-5135
  • Broker Email: dustin@horizonbrokers.com
  • Business Summary: Great opportunity to be a part of one of the most well-known and reputable auto repair franchises in the nation! There are two shops, one located in Stafford and the other in Fredericksburg, VA, both have high traffic volumes of 120,000-150,000 cars per day. Both shops perform regular maintenance, major repairs and VA State Inspections The Stafford shop has been serving a very loyal client base for nearly 20 years. The shop is conveniently located off of the major route in town with great visibility and plenty of parking. It is a 6 bay shop, which is considered to be the perfect size shop within the franchise system. This shop also performs State Emissions Inspections. The shop is regularly recognized by the franchise as being a high volume location and is commonly found to be within the top 10 shops in the franchise. This location can easily reach yearly revenues upwards of $1.5 to 2 million or more! The Fredericksburg Shop has been open for over 5 years and has been developing a great name and reputation in the community showing consistent growth. This shop is also a 6 bay facility, it has tremendous growth potential since the area is continuing to grow rapidly. This location can easily reach yearly revenues of 1 to 1.5 million per year! The auto repair business is a recession proof industry as consumers always need to maintain and repair their vehicles and where better to take them to a nationally recognized franchise brand that you can trust! You don’t have to have experience in the auto repair industry, though it would be a bonus, as the franchise puts you through an intense 2 ½ week training program and they provide continuous training and support to ensure your success! To build a new auto repair franchise like this would cost approximately $250-300k per location which shows what an incredible opportunity this is to purchase two established, income producing shops. This is great for a hands on owner or investor looking for a semi absentee to absentee business as both shops are well staffed with Managers and Mechanics. While the owner prefers to sell both locations together the owner may be willing to sell them individually.
  • Description of Facilities: Stafford is a ¾ acre lot with a 6 bay repair shop, plenty of parking. There is a nice size waiting area for customers, two offices and parts & supply room. Fredericksburg is a 9800 sq ft facility lot with a 6 bay repair shop, plenty of parking. There is a nice size waiting area for customers, two offices and parts & supply room. Both shops are leased for $6399 (plus triple net) with 3% escalations every 5 years vs. every year like most leases.
  • Competition: Standard market competition in the industry for the Stafford location as the area is more developed. There is limited competition at the Fredericksburg location as the area has recently begun new development.
  • Growth & Expansion: There is tremendous opportunity for growth with this business at both locations, especially at Fredericksburg since it is only 6 years old and the area is continuing to grow rapidly. Increased marketing efforts, establishing corporate fleet accounts to perform regular maintenance and repairs as well as hiring additional mechanics will dramatically increase revenue and cash flow.
  • Seller Financing Available: Yes
  • Seller Financing Terms: Available depending on the final purchase price, terms and qualifications of the buyer.
  • Reason For Sale: Pursuing other business interests.
  • Seller Support & Training: Franchise Provides 2½ week training. Seller will provide additional training and support as needed.
  • Get More Information: To learn more about this business including the name, location, and financial information please complete and return our Buyers Package, which can also be downloaded here, and returned to us at admin@horizonbrokers.com.
  • Download:

Great opportunity to be a part of one of the most well-known and reputable auto repair franchises in the nation! There are two shops: one located in Stafford and the other in Fredericksburg, VA and both cities have high traffic volumes of 120,000-150,000 cars per day. Both shops perform regular maintenance, major repairs and VA State Inspections.

 
Share listing on:
Back to Results Start a New Search

Contact Form