MAACO FRANCHISE AUTO BODY, PAINT & COLLISION
Seller:
Attn:
Peter Vadas
Location:
Cleveland, OH, USA
Listing Number:
26727889
Overview of the Business:
The traffic count is tremendous at this location. This is the leading national auto body and paint and collision franchise in the U.S.A.. They are well known for the assistance they provide to their franchisees. Currently there are 575 locations in the country, together they generate over $500,000,000 in annual sales. Maaco offers its franchisees outstanding purchasing power, they can buy paint and supplies at a fraction of the cost that normal wholesalers could offer. That is the reason that Maaco customers get great value for their money. Maaco has a strong business model that has been refined over the years. They have negotiated excellent, highly competitive prices, on the products that are used by the franchisee s including equipment, advertising, and supplies giving them a competitive edge over the independent operators. Consumers are keeping their cars a lot longer, with the average age of a vehicle on the road today is 8.4 years. This location was established in 1975 by a very successful owner that had 3 other additional locations. Maaco has established national contracts with FedEx, Sears, UPS, and DHL. They are doing the work on those trucks on a regular basis. A new owner could lease another facility exclusively for the work on those vehicles. The business is well staffed with experienced personnel. They currently use three computer programs, Shop Link for Windows, Polaris furnished by Maaco for paint, and Quick Book s 2002" for accounting. The owner is a hands on operator.
Property Features and Assets:
There is 9,000 sq. ft. with a monthly rent of $4,995 Per month, plus real estate taxes and insurance and any building maintenance. The lease is good thru June of 2020. Support/Training: The franchise provides a 4 week training program.
Additional Details:
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