Business For Sale Listing 158216
Successful St. Louis Ziebart Franchise
Status as of Jan-6-2009 at 05:59 PM: Active
Business Summary
It has been a great 29-year run, but it is now time for the owner of this successful St. Louis area automotive aftermarket franchise to sell his business and return to his former hometown, to his roots.
With annual sales year after year approaching $300,000 and seller discretionary cash flow averaging $45,000, this business is being offered at a very competitive $69,000 which is less than .25X revenues and only 1.5X cash flow. In addition, to enable an energetic but under capitalized buyer to purchase his business, the seller is willing to offer some seller financing.
Under the banner of the oldest and largest automotive aftermarket franchisor, this franchisee has recently been the recipient of a meaningful amount of new business from a national defense contract held by the franchisor. The buyer of this attractive business will be the beneficiary of this contract while receiving ample training from both the franchisor and the seller.
This is a great opportunity to join the exciting and profitable automotive aftermarket industry for less than $50,000 cash with no need for bank financing. And so far, the recessionary economy has not negatively impacted this business.
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