Description of the business for sale
Purchase the development rights for this well known auto repair franchise for the state of Maryland with the exception of Montgomery, Prince George's and Charles Counties. This auto repair franchise is celebrating 30+ years of taking care of the cars and the people who ride in them. The new franchisee will work closely with a team of professionals providing local guidance and support with marketing, operations, sales management, and training. The training programs are regarded as the best in the business and come as an integral part of your support package. The sale also includes the area developer's store in Baltimore County which had gross sales of $504,190 in 2007 and $526,181 in 2006. The corporate area developer offices are also located at this location but could be relocated at the convenience of the buyer. There are presently 16 units in the territory including the developer's Baltimore County location.The franchise area developer must own and operate at least one location. Royalties & management fees of the area developer were $343,554 in 2007 and $361,971 in 2006. Much more information is available on this business opportunity. All financial information is available by contacting our office. To expedite the process, download our confidentiality agreement by going to www.wolfbusinessbrokers.com. Fax or email the agreement back to our office. On the next business day we will forward you our "Confidential Sales Presentation".
Support / Training provided by seller
The owner & franchise will provide all the help needed to the new owner.
Description of the facilities
The Baltimore County store rents are as follows; office area, $2800/month, and shop area, $4800/month. Two years remain on the lease plus one 5 year option to renew.