Auto Aftermarket For Sale - Grand Rapids, Michigan, MI - Kent County

PROFILE: Long Time Owner Of Successful Auto Aftermarket Franchise Is Ready To Retire.

AD/LISTING INFORMATION
Status: Available
State: Michigan
Location: Grand Rapids
County: Kent
City: Grand Rapids
Primary Category: Auto Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  126935
Seller Or Contact:  Mike Greengard
Primary Phone:  616-285-8121
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  11/15/08
Date Ad Last Revised:   11/19/08

FINANCIAL INFORMATION
Asking Price: $229,000
Down Payment: $90,000
Annual Revenue: $415,000
Annual Adjusted Net: $95,000
   
DETAILED INFORMATION
Franchise: Yes
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: The Long Time Owner Of This Successful Automotive Aftermarket Franchise Has Just Had A Milestone Birthday And Has Decided To Slow Down. Part Of The Process Includes Reducing His Stable Of Automotive Aftermarket Businesses And As Such He Is Offering This Very Attractive Business For Sale.

Under The Banner Of An Established, Successful, Respected, And Well Known Regional Franchisor, This Ideally Located Franchise Operates Out Of An Attractive 4800 Square Foot Facility (In Excellent Condition) With Street Frontage And Direct Access From One Of Two Of Grand Rapids’ Major Thoroughfares. The Real Estate Is Available For Purchase Separately For $649,000. Payments On An 80% Mortgage Would Actually Be Less Than The Current Rent So A Serious Buyer Should Consider The Real Estate Purchase Along With Buying The Business.

This Successful Business Regularly Records Revenues Between $400,000 And $500,000 With An Annual Cash Flow Around $100,000. The Attractive $229,000 Price Tag For The Business Includes All Assets, Inventory, The Franchise Transfer Fee, And Two Weeks Of Franchisor Provided Training At The Business. In Addition, To Help A Serious, Enthusiastic, And Undercapitalized Buyer (Buyers Do Not Need Mechanical Skills…just Good Business Sense And A Desire To Make Money), The Seller Will Offer Meaningful Seller Financing.

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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!



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