Self-Managed Transmission & Auto Repair Business

Self-Managed Transmission & Auto Repair Business

Self-Managed Transmission & Auto Repair Business
Self-Managed Transmission & Auto Repair Business
41980261
New Haven County, CT
$625,000
$980,000
$242,000
*3 Yr. Average SDE (Seller’s Discretionary Earnings). Net profit adjusted to reflect owner’s salary and benefits.

Transmission & Auto Repair Business Listing

This is an independently owned and operated franchise location that has been operating for approximately 32 years and over the last three years has generated average revenues and owner cash flow of $980,000 and $242,000 respectively.  The business is also licensed to sell used autos.   Franchise agreement will terminate in 2019 with an option for the new owner to renew or operate independently. This acquisition is an excellent opportunity for any company in a related or similar business or an individual(s) that wishes to operate their own business and that have strong executive business skills.  The business is self-managed and current owner provides only accounting and marketing support.

The owner is retiring but will support buyers through a transition period.
This is contemplated as an Asset Sale where all company assets will transfer over to the new owner(s) except for any cash on hand and accounts receivable incurred prior to closing. All liabilities and accounts payable incurred prior to closing will remain with the seller.
Interested parties should download and complete the non-disclosure agreement and return it to VR Business Sales via email or fax. Qualified parties will be presented with a detailed confidential business review on the Company.