Package Of 2 Auto-Repair Franchise Locations New Jersey

HS Listing ID-72080 Two Auto Repair Franchise Locations asking price: $599k per Location Financial Overview Combined Gross Revenue: $988k From Jan 2-July 24. Monthly Gross Revenue Per Location: Approximately $80,000–$100,000 Estimated Net Income: Seller states approximately $25,000 net per location Monthly after franchise fees Payroll: $10,200/mo · Rent: $13,000/mo · Franchise Fees: $3,380/mo Electrical: $500/mo · Phone/Internet: $250/mo · Parts: 15% of monthly gross Both locations monthly operating costs run the same or close to the same, per seller. Seller Financing: Available — 50% down payment and 2-year seller note on the balance, both per location. Lease Terms: Both locations have approximately 15 years remaining Occupancy Costs Rent, Taxes & CAM: Approximately $156,000 annually Larger facility with seasonal CAM fluctuations Seller states second location is more profitable Sale Structure Businesses may be sold as: Package Deal Individually Final valuation subject to financial verification and due diligence Seller Financing: Flexible terms discussed Potential structures include: 3-year term Up to 8-year term Seller Objectives-Ideal closing target: within 30–60 days A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION