TN- Fast-Growing MAACO Franchise for Sale

His loss is your gain. The seller purchased this business less than a year ago and has already doubled sales and earnings! Life circumstances has caused him to sell earlier than expected. It's the best of all scenarios - Buy a 30 year old refurbished business with a solid client base and reputation for about 1/2 the price of starting from scratch. Plus save the time of 6 month's site selection, 6 months of buildout, hiring, training, and ramping it up to profitability!

All staff and systems in place for a smooth transition.

Maaco, "North America's Bodyshop" -- is a part of the Driven Brands, Inc. family of automotive aftermarket franchise brands based in Charlotte, NC -- is North America's #1 auto paint and collision repair franchise. With 425+ independently owned and operated franchises across the United States and Canada, Maaco is an iconic brand with almost 50 years of experience and no national competition.

Total Sales: $1,477,000

Cash Flow: $61,000

Furniture, Fixtures, Equipment (FFE): $75,000

Furniture, Fixtures, Equipment (FFE) Included: Yes

Inventory: $18,000

Inventory Included: Yes

Year Established: 1985

Employees: 10

Monthly Rent: $5,000

Square Footage: 12,000

Facilities Information:

Large corner unit, freestanding, 12,000 sq ft, new security fence, new security system, new fire alarm system, new signage, fully functioning paint booth and dry booth, fully functioning frame machine, high traffic area, business has been long established in the neighborhood.

Reason For Sale:

Focus on other business ventures.

Training & Support:

•3 weeks of intensive management training at Maaco Headquarters
•No automotive experience necessary!
•They teach you everything you need to know, from learning the phone track to managing the production flow and sales.
•3+ weeks of on-the-job training for both you and your employees. They help you:
•Interview and train your initial crew
•Bring customers through the door and learn how to manage them
•6-12 months of new center development oversight
•They help you stay on track with our model and adhere to production and management standards.
•Annual Fall Convention and Spring Operations meetings, Maaco University, Rally Point, Driven Dash Marketing Portal, eStore for central purchasing, and many more supportive programs

Competition:

Caliber Collision, Service King, and Econoline are the main competitors but MAACO's name recognition is unmatched.

Potential Growth:

Solely focusing on light collision repair and auto paint will increase revenue. Auto painting is highly profitable and
with this new focus you may see a 25-30% improvement in margins.