MIDAS AUTO REPAIR FRANCHISES, 9 LOCATIONS
Seller:
Attn:
Dave Gorman
Location:
Indianapolis Area, IN, USA
Listing Number:
"H-N750-DG"
Overview of the Business:
This is a rare opportunity to purchase nine existing Midas stores in Central Indiana. Midas is one of the most recognized names in auto repair and maintenance. The stores are well established, have existing management and are primed for a new, hands-on operator to grow the business.
These will not last long! Locations can be purchased individually, or for the right buyer, all together. For 2007, the stores had combined revenue of over $5,500,000.
The real estate is owned by the seller of the business. Midas will lease the locations at 8% of revenue. The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request.
The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing. Additionally, Midas to provide 3 weeks of training prior to any closing.
The sale price of $2.675M is for all 9 units.
Property Features and Assets:
Nine Locations.
Additional Details:
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