High Cash Flow, Recession Proof Franchise in Long Beach, CA

, California 11 views 0 favorites

Financial Highlights
Asking Price
$5,950,000
Revenue
$8,700,000
Business Description

Convenience focused automotive services franchise with successful and disruptive model proven over decades. Low training requirements and simple operating model create ease of multi-unit ownership. This business is in multiple trade areas within Long Beach, the 3 mile population around each ranges from 116,384 to 248,550 and the average household income ranges from $56,549 to $91,487. New owner should have P&L management experience; real estate knowledge is highly advantageous, though not necessary, as there is an opportunity to own and scale real estate with a simple operating business. Location: Long Beach, California Year Established: 1989 Number of Employees: 7 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 1,425 Facilities: Multiple units, low upkeep and low capex. Market Outlook/ Competition: Highly differentiated customer experience enables high customer retention; quickly gaining market share in a highly fragmented segment of the automotive market. Growth & Expansion: Growing at double digit rate year over year.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 10 hours ago

Views: 11

Favorites: 0