Midas Auto Service - SBA Qualified - Absentee Run For Sale - Coachella Valley

Established for over 30 years. Owner purchased in 1997. Cash flow and net income have shown consistent positive results the entire period. Sublease is in place with 5 year options until 2042 with Midas. Growth is available by adding tires and expanding services.

An owner/operator could increase the owner's net to approximately $85.000 plus using social media and marketing.

Shop is well equipped with 6 Bays, 4 electrically operated lifts, one alignment rack, and in-ground lift for large vehicles and RV's, computerized aligner with camera sensors, Midas POS system and numerous tools.

Assets include the value of current franchise agreement. Seven years are left on current agreement.

Shop is turnkey, being well equipped and staffed with our highly qualified staff and young outstanding Manager in place since 200.

Sale is contingent upon approval of buyer by Midas International.
$50,000 liquid assets and $250,000 net worth is the current benchmark requirement
Midas requires new owner to attend a 3 week training in Florida.
The listing # 233600 Midas Auto Service - SBA Qualified - Absentee Run - Coachella Valley below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Midas Auto Service - SBA Qualified - Absentee Run in Coachella Valley please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

  Recent Listings By Related Business Types And Locations (See More Listings)
Available: Auto Repair Shop - Riverside City Area
Posting #: 257588
Status: Active
Refreshed: 11/14/2019

Contact: Mike Qutami
Phone: 951-623-4171 Cell
Phone: 714- 224 -2366

Price: $275,000
Adj Net: Call
Down: Call

Size: 5,000 sq. ft. Rent $6,150.00 Mo. sales: $80,000 to $100,000 +/- Net Income: $15,000 to $20,000 +/-. Number of employees: 4. Payroll per mo. : $16,000.00 Parts purchase: Approx. $35,000 +/- per mo. Hours of operations: 8 am to 5 pm M to F and 8am to 2 pm ST. Closed.
Perris, Riverside County Express Lube Service - Asset Sale For Sale
Available: Express Lube Service - Asset Sale - Perris, Riverside County
Posting #: 248962
Status: Active
Refreshed: 11/19/2019

Contact: Ron Napier
Phone: 951-809-1441 Cell
Phone: 951-809-1441 Text

Price: $25,000
Adj Net: Call
Down: $25,000

Located in one of the fasts growing cities in Riverside County. Closed Express lube comes with a well stocked inventory of oil, filters, tools etc. Can also be purchased with the car wash on the same property. New shopping center being built across the street will increase traffic.
Available: Auto Repair And Smog Test Service - Riverside
Posting #: 253454
Status: Active
Refreshed: 11/12/2019

Contact: Jimmy Kim
Phone: 714-357-5408 Cell
Phone: None Given

Price: $65,000
Adj Net: Call
Down: $65,000

Business established 20 years ago. Lots of returning customers. Auto repair service very well established. Located on center of 3 streets with plenty of parking,low rent, selling price includes 2 two post and 1 4 post alignment rack. Total of 3 bays. Don't miss the opportunity to own this business!
Riverside County Auto Repair Shop For Sale
Available: Auto Repair Shop - Riverside County
Posting #: 258791
Status: Active
Refreshed: 11/19/2019

Contact: Mark Godwin
Phone: 619-813-7076
Phone: 858-578-4111

Price: $759,000
Adj Net: $232,400
Down: $709,000

17 year old auto repair business. Long history of profitability with loyal customer base. Specializing in high end makes. Great reputation with 5 star ratings. Gross revenue of $855,000 with $232,000 profit. Building is also available for purchase or buyer can lease from the seller. Clean financials
Palm Springs, Riverside County Car Wash Auto Center - With Real Estate For SaleCar Wash Auto Center - With Real Estate Business For Sale
Available: Car Wash Auto Center - With Real Estate - Palm Springs, Riverside County
Posting #: 253512
Status: Active
Refreshed: 11/29/2019

Contact: Victor Buendia
Phone: 714-863-5650
Phone: None Given

Price: $3,900,000
Adj Net: Call
Down: Call

Beautiful Car Wash, Detail, Drive Through Oil Change And Lube And Auto Center With Land In High End High income area. Energy Efficient. New Solar Panels, Landscape, And Much More. 150' tunnel. Operating as full service. Can Be Converted To Express Or Flex. SBA Bank Financing Available.
Riverside County Auto Repair and Body Shop For Sale
Available: Auto Repair and Body Shop - Riverside County
Posting #: 257649
Status: Active
Refreshed: 11/13/2019

Contact: Jonathan Hwang
Phone: 562-402-2686
Phone: 714-510-0248

Price: $299,000
Adj Net: $180,000
Down: $299,000

Complete Auto Repair Service Mechanic Shop. Large facility has 4 Bays and 5 Lifts for high volume sales. Fully line of equipment for auto repair and body shop. Open Monday to Saturday from 8:00am to 6pm. Closed on Sundays. The building size about 3,000 sq. ft. This is a turn-key business.
Available: Auto Repair Shop - Established - Riverside County
Posting #: 249607
Status: Active
Refreshed: 11/12/2019

Contact: Darrin Davenport
Phone: 866-802-0508
Phone: None Given

Price: $220,000
Adj Net: Call
Down: $44,000

Well established general automotive repair shop that services brakes, tires, tire balance, air conditioning services, electrical repair. 80% estimated repeat customers. Competitive prices. Busy frontage road and centrally located with access to major freeways. Well Established social media.
South Riverisde County Hand Car Wash Detail Center Oil Change, Lube For Sale
Available: Hand Car Wash Detail Center Oil Change, Lube - South Riverisde County
Posting #: 250576
Status: Active
Refreshed: 11/14/2019

Contact: Victor Buendia
Phone: 714-863-5650
Phone: None Given

Price: $6,900,000
Adj Net: Call
Down: Call

Full Service Hand Car Wash With Detail Center, Oil Change & Lube. Prime Off The Freeway Signalized Corner. One Of The Inland Empire's Top Grossing.140' tunnel. Over one acre of valuable land. It can be converted to express or flex. Long established.
Available: Full Service Auto Shop - Absentee Run - Lake Elsinore, Riverside Area
Posting #: 249681
Status: Active
Refreshed: 11/16/2019

Contact: Earla King
Phone: 951-520-1954
Phone: None Given

Price: $190,000
Adj Net: $150,000
Down: Submit

Price reduced! Motivated Seller. Absentee run profitable full auto service and repair. If you are in the market to acquire an established, profitable and highly rated auto service business located in a rapidly growing area, this business is for you! Submit an offer! Seller financing possible!
Lake Elisnore, Riverside Area Auto Center Franchise For Sale
Available: Auto Center Franchise - Lake Elisnore, Riverside Area
Posting #: 257903
Status: Active
Refreshed: 11/26/2019

Contact: Hal Janke CBI, FIBBA
Phone: 760-931-9530
Phone: None Given

Price: $115,000
Adj Net: Call
Down: $115,000

Here's your oppt. to own one of the leading auto franchises in the U.S. No experience is required. Priced below market value for a fast sale. Buyer needs $275,000 Net Worth with $100,000 liquid monies per the franchisor, great training. No SBA loan for time is critical in the selling process.
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Lake Elsinore, Perris, Riverside


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  Helpful Resources To Assist In Selling And Buying California Businesses

Ryan Clark, Business Broker: Southern California

The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups. Phone Ryan, Business Broker at 310-652-8353.

Bob Hughes, Business Broker: Coachella Valley Area

Bob Hughes is a business broker & is President of Hughes Properties. Hughes has a wide variety of entrepreneurial experience with the personal ownership & sale of numerous businesses, and has sold over 200 small & mid-sized businesses in the Riverside County marketplace. Call Bob at 760-323-8311.

Lee Petsas, Business Broker - Southern California Area

Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations.

Mani Singh CBB, M&AMI, Business Broker, Southern California

I have successfully represented clients sell & acquire multitude of businesses ranging from Gas Stations, Liquor Stores, Markets, Super Markets, Smoke Shops, Postal Stores, Restaurants, General Retail, Auto and Construction related. Phone me for assistance with selling or buying at 951-296-7646 Cell

William Park, Business Broker - Southern California

Highest Volume Broker in California, Simply Check our HUNDREDS of Listings! Over 25 Associates, Speaking Dozen Languages, Helping Buyers and Sellers of Small Business since 1982, Centrally Located between Los Angeles and Orange Counties, while Riverside & San Bernardino Counties are Very Accessible.

Peter Siegel, MBA, BizBen Founder, ProBuy, ProSell Programs

Founder & President Of BizBen.com (since 1994) & BizBenNetwork.com. I am the Lead Facilitator for the ProSell & ProBuy Programs on both websites. I consult daily with buyers, sellers, and intermediaries daily about buying and selling businesses. Call 925-785-3118.


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Inland Empire Area Business Broker Mani Singh
Veld Group Business Brokerage Los Angeles County
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