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BUSINESS FOR SALE - PROFILE #  42680003

Maaco Auto Paint and Body Repair
USA

Asking Price: $250,000   Down Payment: $90,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
MAACO was founded in 1972, and is America's Body Shop franchised with nearly 500 owner operators whose centers boast system-wide sales approaching ½ billion dollars.  We celebrate extraordinary brand recognition and thirty seven years without any national competition.  

Our franchises dominate the auto repair and painting industry with approximately 47% U.S. market share.  

 

The size of the total collision repair market has grown from $28.8 billion in 2000 to $41.5 billion in 2007.


There are more than 230.5 million vehicles on U.S. roads.  MAACO has serviced more than 16 million customers = 500,000 customers per year.



The average vehicle age has grown from 8.3 years old in 1998 to 9.4 years old in 2008.  Now, more than ever, people are holding on to their cars longer.  


Why Choose Maaco?

 

MAACO is ranked #1 in its category by Entrepreneur Magazine in its Franchise 500; according to the Automotive Aftermarket Industry Association (AAIA).

 

Preliminary data indicates a decrease in the total number of collision repair shops in 2007, representing the fifth decrease in the past six years.  

MAACO grew in store count last year. In 2006, 64% of independent and dealer collision repair shops had sales less than $750,000.  MAACO is the leader in the $42.4 billion automotive paint and collision industry. With virtually no nationally branded competition and nearly 40 years in franchising, MAACO dominates the automotive cosmetic paint market share at more than 45 percent. Furthermore MAACO's advancement in the cosmetic collision sector (“cosmolision”) provides dealers with fantastic opportunity for continued growth.

Acquisition Highlights

  • #1 auto service provider; We have a national footprint unlike other automotive aftermarket franchise companies; Instant brand recognition; Recognized by 95% of Americans, “Uh-Oh…Better Get MAACO”®; No national competition; 30,000 independent body shops have no synergy; Proven operating system; The reason why our franchisees are successful; Recession-resistant business; New car sales have declined; people are fixing what they have; Nearly 40 year experience; Our founder started AAMCO and the Goddard Schools as well; Average certified store volume $973,000; Highest among all automotive aftermarket franchise companies; Tremendous Earning Potential; Maaco stores with sales volume over $1 million average $173,000 profit; No automotive experience necessary; Our franchisees come from all walks of life; Great hours: M-F 8 a.m.-5 p.m., Sat. 9 a.m.-12 p.m. (estimates only); Our business is family-friendly; New light collision services now represent 50% of repairs; This is a $10 billion market which has fueled our growth.
  • MAACO believes that quality franchisee training and support is not just the foundation of a strong business, but also the corner stone of a successful MAACO auto service franchise. You will experience one of the most comprehensive training and support systems in this industry, as well as any other MAACO provides franchisees with the following training and support. New franchisees receive: Four weeks of training at an existing center at our corporate headquarters; and Three-plus weeks of on-the-job training for them and their employees. Our unprecedented and continued operational support positions candidates from all walks of life, including those with no automotive experience, to thrive in our system.
  • In-house advertising agency whose sole client is MAACO; Local purchasing done by in-house media buyers; Franchisees never pay for creative; Nationally recognized print, TV and radio ads; Yellow pages ad placement; Internet; Monthly reconciliation.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1972 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Young Bebus
Phone: 
E-mail:  youngb@vrtwincities.com
VR BUSINESS BROKERS – MINNEAPOLIS/ST. PAUL
4655 Nicols Road #102
Eagan, MN 55122
www.vrtwincities.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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