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Midas Franchises For Sale - Indianapolis, IN - Marion County |
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| PROFILE: A Rare Opportunity To Purchase Nine Existing Midas Stores In Central Indiana |
| Status: |
Available |
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| State: |
Indiana |
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| Location: |
Indianapolis |
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| County: |
Marion |
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| City: |
Indianapolis |
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| Primary Category: |
Auto Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
132737 |
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| Seller Or Contact: |
Brian Knoderer |
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| Primary Phone: |
317-573-2100 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/10/08 |
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| Date Ad Last Revised: |
10/10/08 |
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| Asking Price: |
$2,675,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$5,500,000 |
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| Annual Adjusted Net: |
Call/Email |
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| Franchise: |
Yes |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: This Is A Rare Opportunity To Purchase Nine Existing Midas Stores In Central Indiana. Midas Is One Of The Most Recognized Names In Auto Repair And Maintenance. The Stores Are Well Established, Have Existing Management And Are Primed For A New, Hands-On Operator To Grow The Business.
These Will Not Last Long! Locations Can Be Purchased Individually, Or For The Right Buyer, All Together. For 2007, The Stores Had Combined Revenue Of Over $5,500,000.
The Real Estate Is Owned By The Seller Of The Business. Midas Will Lease The Locations At 8% Of Revenue. The Equipment Is In Good Condition. A Detailed Schedule Of Assets To Be Included In The Sale Is Available Upon Request.
The Seller Is Willing To Train And Transition The Purchaser For A Mutually Agreeable Period Immediately Following Closing. Additionally, Midas To Provide 3 Weeks Of Training Prior To Any Closing.
The Sale Price Of $2.675M Is For All 9 Units; But If You Wish To Purchase One Or More Individually Contact Us For Individual Pricing! |
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