Posting Details

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.

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