This automotive repair business for sale is a globally recognized brand as one of the world’s largest providers of automotive services.
Overview of this business for sale
Operating for more than 50 years, the company has established 2,300 franchised and licensed stores in 15 countries. The portfolio of services includes brake, exhaust, maintenance, tires, steering, and suspension services. The auto repair franchise for sale holds a leading position in the industry and has strategic partnerships for parts trading throughout North America and incentive retail programs in tires and fleet account management. Due to the R. O. Writer shop management software the company works smarter and faster. The purchaser will be provided with ongoing training programs, marketing, and operations support. Also, the franchisee will receive a website with access to reports, bulletins, shop, and account data.
The owner will assist with on-site training, securing retention of employees, and transfer of supplier relationships, also he will provide telephone consultations after completion of the training and sign a non-compete agreement.
A prospective buyer must be approved by the franchiser and needs to complete a 3-week extensive training period. After that, the owner will negotiate a new 20-year franchise agreement with the franchisee. The royalty is 10% of net sales, but for tire sales it is 6% and for battery sales – 2%.
This automotive repair business for sale priced to sell quickly and will enable an excellent return on investment for the motivated buyer. The current owner is not willing to commit to another 20-year commitment to this company and has made a decision to sell and concentrate on other business opportunities.
Having established a significant share of the US market, this brand is well-positioned for further growth. There is plenty of upside growth with all the success ingredients already in place – customer base, supply base, and professional, trained technicians, tremendous reputation, and broad experience.
