Dual Franchise Auto Repair Business for Sale - Las Vegas

This listing presents a dual franchise auto repair business situated near a major university in Central/East Las Vegas. Established in 2014, the business boasts 7 bays, 5 lifts (including a newer alignment lift), and 2 pits. It is staffed by W2 employees, including an ASE-certified supervising mechanic, 3 techs, and 2 other mechanics. The store has been fully upgraded. Financials for 2018 show a Gross Revenue of $689,286 and Total Adjusted Net Income of $95,980. The asking price is $299,000. Substantial inventory is included in the sale. The lease is for 3100 sq ft at $4,492/month with an expiration in November 2023 and a 1/5 year option. Leasehold improvements are valued at $100,000 and equipment/fixtures at $125,000. The seller is motivated to sell due to health issues. This opportunity is highlighted as great for E2 Visa investors. Buyer must attend a one-week franchise training in North Carolina and pay a $2,500 transfer fee.