Meineke Franchise
Location: United States -> Utah -> Salt Lake City
Industry: Auto Related > Auto Repair
Businesses for sale Summary
Profitable Meineke franchise for sale below value in Utah. Priced well below what a new center would cost to open this is an incredible opportunity. The auto repair business will be strong for many years. Excellent location on a busy street. With the slow economy more people are avoiding new car purchases and spending more to keep their current cars running. This is a business that is recession proof.
Here are some of the reasons to consider this franchise:
– Since 1972 Meineke Car Care Centers has been a premier leader in
the automotive aftermarket and Franchising Industry.
– Entrepreneur Magazine (2007) – Top 500 Franchises, we ranked #89 over all and #2 in Repair and Maintenance Services category.
– Black Enterprise Magazine (2006) – One of the 30 Hottest Franchises.
– Franchise Times Magazine (2007) – Top 200 Franchises, ranked #77 overall and #71 domestically.
Financials
Asking Price Range: < $250K
Gross Revenues: $314,000
Cash Flow: $70,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $28,400
Seller Financing: Yes
About The Business
Year Established: 1984
Number of Employees: 4 – 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Other business interests.
