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This Business has been Sold!
Closing Date: 08/08/2023
Broker: Gary Meyn
Business for Sale Summary

Franchised Auto Repair Shop For Sale in TX - 35542

Business Type: auto/truck mechanical repair,misc. retail/non-classifiable,misc. service/non-classifiable,repair services,auto repair
Sold
Franchised Auto Repair Shop For Sale in TX
On August 8th 2023, The Undersigned
Acted as the Advisor to the Deal
Gary Meyn
Gary Meyn Senior Broker
Servicing: All of TX
All of OK
All of NM
All of LA
All of NC
All of SC
All of VA
All of NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $100,000
Gross Revenues $290,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$100,000 Down and TBD

Business Description

Franchised auto repair business for sale in Collin County, TX. Business has been established less than a year. It can be purchased on its own or with a sister shop in Dallas County, TX. (Listing #35542) Current owners operate 13 shops with this franchise and seek to consolidate due to distance from their other stores. Purchase price is for less than what a new franchise could cost to start brand new. The shop is in a great location and has six bays, five lifts, a Hunter alignment machine, brake lathe, tire and A/C machines. Three full time employees run the shop on a day to day basis and will stay on with new owner. Franchiser requires a new franchisee to have a net worth of $500k to purchase this established and very scalable auto repair franchise. Please call broker, Gary Meyn, for more information at (210) 912-0120.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.