Is There An Auto Repair Business For Sale Near Me?
If you’re an entrepreneur, or an aspiring one, and you’ve been searching, “auto repair business for sale near me?”, then this article has key information for you.
“Are There Auto Repair Businesses For Sale Near Me?”
The answer to this question obviously depends on where you live. But the answer is much likelier to be “yes” than “no”. Tire and automotive repair services will be in high demand in 2022, as they were in 2021, and 2020, and. . .well, you get the idea. To meet this huge demand, many auto repair franchisors are looking to expand their businesses. To learn where Tuffy Tire & Auto Service is looking to expand, please click here.
“Should I Start My Own Auto Repair Business Or Buy An Automotive Franchise?”
Like the first question, the answer to this depends on your specific circumstances. And, like the first question, one answer is likelier than the other: you should probably buy an automotive franchise. If you go it alone, you will have extremely little margin for error.
You’ll have no established brand name, nobody to guide you in the auto repair industry, and nobody to assist you with marketing. It’s also worth noting that financial institutions are usually more inclined to loan money to somebody operating under the brand of an established business.
“What Does An Auto Repair Shop Cost To Buy?”
Once again, the answer to this question depends on a number of factors. Where in the country are you looking to open your auto repair shop? How large will it be? Which franchisor is selling the auto repair business?
The typical start-up cost for a Tuffy Tire & Auto Service franchise location ranges from $66,000 to $160,000. As you can see, that’s quite the range. We look for potential franchise partners with a minimum net worth of $500,000 and $150,000 in liquid assets. We can also recommend a third party to provide financing. You can learn more about costs and criteria here.
“How Much Does A Tire Repair Shop Make?”
The average Tuffy Tire & Auto Service shop generates over a million dollars in revenue, and the median number is just below that. These figures were tabulated from all our franchise locations that have been in business for at least two years and which have at least six bays.
Tuffy Tire & Auto Service
Auto repair franchises are not low-cost; they require significant investment. But few industries offer such high revenues and large customer bases. To learn more about auto repair businesses for sale near you or how to become a Tuffy franchise partner, please get in touch with us via our website or call (800) 228 – 8339.Back