Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
San Jose |
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| County: |
Santa Clara |
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| City: |
San Jose |
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| Financial Information |
Detailed Information |
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| Price: |
$59,000 |
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| Down: |
Call |
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| Revenue: |
$348,610 |
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| Adj. Net: |
$32,187 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Yes |
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| Franchise: |
Yes |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This San Jose Automotive Repair Shop Franchise Business For Sale:
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This is an excellent opportunity to acquire an established Automotive Repair franchise in a Busy South Bay location. The store has been in operation for many years and has a loyal customer base and recognized presence in the area. Very few, if any new franchise territories are being offered in the Bay Area. The franchisor does not require direct automotive experience. The store offers a full range of automotive repair services including engine diagnostics, tune-ups, cooling system, air conditioning service and smog check. Customers who own domestic as well European and Japanese vehicles rely on this company to provide high-quality service at prices well below their automobile dealer's service departments. The trained staff includes one full-time mechanic, who is a certified smog technician, one full-time Service writer and one part-time auto repair technician. Currently the store is managed by the owner. The facility has three bays with lifts, one outdoor lift and a reception/customer area. The owner is motivated and willing to facilitate a smooth transition to the right buyer. In addition, ongoing training is provided by the franchisor. This is an opportunity to acquire an established franchise, with low annual fees, at less than the cost of opening a new location.
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Automotive Repair Shop Franchise For Sale And San Jose Region Related Links:
San Jose Regional News & Tips For Buying And Selling Businesses
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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation
What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting. |
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