Tuffy Tire & Auto has Automotive Repair Shops For Sale—Are You A Good Candidate To Buy One?
An automotive repair shop for sale is a great opportunity for entrepreneurs who want a business in a profitable sector. Do you have what it takes to buy one?
Tuffy Tire & Auto Has Automotive Repair Shops For Sale.
At Tuffy Tire & Auto, we’re always looking for qualified candidates who want to work with us to extend our great services to more customers and expand our brand. The auto repair industry is one of the most stable—and growing—industries around. We do everything we can to help our franchise partners, from giving them initial training, marketing support, and a protected territory that guarantees we won’t sell another franchise to somebody in the same area. But what do we look for in our franchise partners?
Automotive Repair Shops Require Significant Investment.
There is a ton of revenue to be made by owning an auto repair shop. But there is a significant barrier to entry: automotive repair shops don’t sell for cheap. The total initial investment required to buy an automotive repair shop and get it up and running typically ranges from $220,000 on the low end all the way up to $415,000. Now, you don’t need $400,000 in liquid cash to become a successful auto repair shop owner, but you do need significant resources.
At Tuffy Tire & Auto, we look for candidates who have a minimum net worth of $500,000 and liquid assets of at least $150,000. These are considerable sums, but we’ve found that it’s unfair to everybody to sell an automotive franchise to somebody without the financial standing to weather the first few years which are typically the toughest. The rest of the investment needed is typically financed. We have relationships with third-party financial institutions that we can refer our prospective franchisees to so they can secure the investment they need.
Automotive Repair Shops Require Knowledge, But Not Necessarily The Knowledge You Might Be Thinking Of.
You have to know just a little bit about how cars work to successfully run an auto repair shop. But we can teach our franchise partners everything they need to know in that respect. What we look for is knowledge and previous experience of owning a business or managing a team.
Tuffy Tire & Auto Service
If you’re looking for an automotive repair shop for sale, you owe it to yourself to contact Tuffy Tire and Auto Service. We offer the best automotive repair franchises in the industry and we are always interested in talking with qualified candidates. If you’d like to learn more about how to become a Tuffy franchise partner, please contact us via our website or call (800) 228 – 8339.Back