TOP 100 National Franchise Once in a lifetime opportunity

Las Vegas, NV
Asking Price:$745,000
Gross Revenue:$700,000
Rent:$8,500/Month
Established Year:1989
Cash Flow:$237,000
Inventory:$15,000
FF&E:$225,000
BUSINESS DESCRIPTION

SBA Approved 10% Down APPRAISED AT $845,000

Million dollar club 2002 2021
Midas Tire & Auto has a Limited opportunity to join the Franchise System.
Preferred Buyer someone who can spend time Training, Auditing & Managing Operations, Interviewing Candidates, Webinar Seminars, Online Technician Training, MUST be Nevada Resident or will Move to Nevada As a Stipulation

Automotive Experience isn’t required, 2 weeks of Training will be provided with around the clock Franchise support.
Store is currently staffed with Top Producers eager to operate at top tier level, Work on Classic, European, All Makes All Models vast customer base,
Staff Compensation Via Incentive Production based.

Pandemic & Recession proof your Portfolio with the Transportation Industry backed by Tire Market national Branding.

Cash Requirements
$100K Liquid
$300K Net Worth
SBA Credit Line Pre Approved
.


DETAILED INFORMATION
Location
Las Vegas, NV
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully Operational Automotive Tire & Brake Powerhouse 7 Vehicle racks Corgi Tire Balancer & Tire Machine Ammco Brake Lathe, Exhaust Pipe Bender, Welder, Tire Inventory, Air & Oil Filter inventory, A/C Machine 134a &r1234yf, Snapon Diagnostic Shop Tool Starter Kit. Phone Number established 1989, Shuttle Vehicle Toyota Prius, New HVAC & Roof Included with Sale.
Competition
Competition has been decreasing due to the last 10 years of establishing the Midas Touch in neighborhood, Midas Provides a Lifetime Warranty within USA & Canada. Current Store achieved Top 100 Status.
Growth & Expansion
Opportunity for Emission 2G, Smog, Charging Station Revenue, Mechanics Lien, Heavy Duty Alignment Rack,
Financing
Committee Approved SBA 10% down, 10-year term Ready to loan
Support & Training
Training will be provided along with Bulletproof Management system which placed this location in the TOP 100 in 2021 with Multi Store Results by Current Franchisee.
Reason for Selling
Franchisee specialized in Business Incubation
Franchise
This business is an established franchise

BUSINESS LOCATION
Report an Issue with this listing
Randy Sidhu
Randy Sidhu