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AAMCO Transmissions and Total Car Care Franchise For Sale

South Charleston, WV (Kanawha County)

AAMCO WV
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Asking Price: $400,000

Cash Flow: $120,000

Gross Revenue: $920,000

EBITDA: N/A

FF&E: $95,000

Inventory: $5,000

Real Estate: $550,000*

Established: 1993

*not included in asking price.

AAMCO Transmissions and Total Car Care Franchise For Sale

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Business Description

Established, highly rated national franchise in Charleston, WV

Selling part or all of a high revenue AAMCO Franchise business to a buyer who wants to continue the steady success of the current owner. Business has nearly doubled in size over the past five years including earning the Presidents Club as the number 1 center in the Ohio Valley Region(42 Centers) and one of 16 National Winners in 2017(680 Centers).

Revenue in 2017 was $930,000. Revenue in 2018 was $920,000. Revenue year to date in 2019 through February 22 is $165,000.

Current owner willing to sell part or all of the business in 25% increments as the incoming owner learns how to successfully manage the business and will transition full ownership to the new owner over a 1-3 year period.

The building can be packaged in the sale.

Attached Documents


Detailed Information

Location:
South Charleston, WV
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,000
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 square foot building in good condition - 1200 square feet of updated office space, customer waiting area. Shop - six bays and seven lifts, two(2) four posts lifts which can handle up to 40,00 pounds. Five(2) two post lifts which can handle up to 11,000 pound vehicles. Office - furniture for two offices, one laptop, desktop and touch screen computers, three printers for POS and customer repair orders, eight chairs, end table, coffee table, flat screen TV. Employee breakroom - desk, computer, table, chairs, microwave, refrigerator.
Competition:
The business is located right off of I-64, exit 54 in South Charleston. We are neighbors with KFC, Wendy's, McDonalds, City National Banks, Thomas Hospital, Sheetz, Bob Evans. We are a 1/2 mile from a strip mall that includes Krogers, TJ Max, Burger King, Subway, multiple restuarants, Krispy Kreme, Dollar Store, etc. Competition is Ben's Transmissions in North Charleston. We have hundreds of National Fleet Accounts and dozens of local fleet accounts, including the State of WV Department of Highways. DHHR, WV State University to name a few.
Growth & Expansion:
There is an opportunity to add a second shop in the Barboursville, Huntington or Ashland, KY area using the same model as the Charleston location but with a reduced cost structure. There are favorable incentives in place relating to franchise startup costs and franchise fees once you are an owners. The benefits of a regional second location are as follows: Leverage (share) labor headcount between two locations as needed. Leverage additional parts purchases (volume discounts) with suppliers to reduce cost. Spread marketing costs between two location
Financing:
Will sell with or without real estate.
Support & Training:
Three Week AAMCO Franchise New Owners Class. 3 months-1 year of on site training until new owner is comfortable managing the business. AAMCO has a Regional Manager to provide training and support as needed. Other regional shop owners answer questions and allow shadowing at their centers to share best practices and feedback.
Reason for Selling:
Retirement and other business opportunities.
Franchise:
This business is an established franchise
Business Website:
http://www.aamco-southcharlestonwv.com
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Business Listed By:
Clinton Arnold

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