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Well Established Cottman Transmission Franchise for sale in Louisiana
Well Established Cottman Transmission Franchise
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Cottman Transmission is America's Transmission Specialist. Cottman offers expert transmission service to their customers. They adhere to a strict code of ethics, ensuring that their customer's vehicles are repaired quickly, economically and efficiently. Their status, reputation and growth are a direct result of their commitment to quality standards, parts, and warranties, as well as commitment to their customers. |
Listing Number: 1213
Michelle Seiler - Listing Broker
2223 1/2 Magazine Street, New Orleans, LA 70130
Telephone - (504) 525-1717
E-mail -
biz4sale@capitalbbw.com
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| Category |
SERVICE BUSINESSES |
| Sub-Category |
Auto Repair, Parts & Services |
| Asking Price |
$349,000 |
| Gross Sales |
$309,237 |
| Cash Flow |
$78,000 |
| FFE |
$40,000 |
| Inventory |
$1,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
1 - Part-Time |
| Facilities |
The building is 3000 sq. ft. and has 5 bays. There are two (2) years remaining on the lease, with an option to renew. Rent is due on the first day of each month. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Aamco Transmission is their competition. However, customers come back to Cottman for their quality service and personalized customer care. |
| Growth Notes |
There is much room for growth, as this is currently a transmission specialist business only. Expansion of the business can be accomplished by incorporating total auto care. |
| Support Training |
There is a 2-week mandatory training course that the buyer must go through at corporate headquarters. The current owner will offer 1 week of local training. |
| Year Established |
1998 |
| Financing Terms |
Owner financing available w/40-60% down - dependent on offer. |
| Reason for Selling |
Owner is pursing other interests. |
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