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    6249 North Avenue

    Oak Park, IL 60302
    • $280,000
    • STATUS: Active
    • ON SITE: 109 days
    • MLS #: 10819906
    $280,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,400
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic franchise opportunity. Well established Midas automotive shop with lobby, office area, restroom, and guest parking. High visibility location. Currently staffed with mechanics/techs. Superb future growth potential for new owner. Regional & national advertising included. Midas franchisees enjoy discounts on parts, enhanced warranty support, and national training program for managers & technicians. Purchase includes business & franchise fee, extensive hard/soft inventory, client list, and owner transition training. Arm chair investor/franchise owner takes a full salary. Business only for sale, buyer will have to take over current lease and taxes. Please do not talk with employees.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-12-03T23:52:22.757 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    6249 North Avenue Oak Park, IL 60302

    • Price: $280,000
    • Status: Active
    • MLS #: 10819906
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1,400
    SQFT
    $200
    $/SQFT
    Neighborhood:
    Oak Park
    County:
    Cook
    Area:
    Oak Park
    Property Description
    Fantastic franchise opportunity. Well established Midas automotive shop with lobby, office area, restroom, and guest parking. High visibility location. Currently staffed with mechanics/techs. Superb future growth potential for new owner. Regional & national advertising included. Midas franchisees enjoy discounts on parts, enhanced warranty support, and national training program for managers & technicians. Purchase includes business & franchise fee, extensive hard/soft inventory, client list, and owner transition training. Arm chair investor/franchise owner takes a full salary. Business only for sale, buyer will have to take over current lease and taxes. Please do not talk with employees.
    Exterior Features

    Approx Land Sq Footage 3500 Construction Materials Brick Frontage Type City Street Location CornerMixed Use Area Miscellaneous Outside Security System Outdoor Parking 1-5 Spaces Parking Total 4 Waterfront YN No

    Interior Features

    Cooling None Heat Ventilation Forced Air

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 0 Annual Rent For Real Estate 48000 Business Age 11+ Years Business Name Midas Business Type Auto Dealer Corporate Limits Oak Park Cost Of Goods Sold 145000 Cost Of Goods Year 2019 Current Use Commercial Existing Lease Type N/A General Information 24-Hr Notice RequiredList Broker Must AccompanyNo Sign On PropertyAfter Hours OnlyHighly Confidential Gross Payroll 182000 Gross Payroll Year 2019 Gross Profit 473000 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 618000 Inventory 200000 Inventory Year 2019 Known Encumbrances None Known Living Quarters None Lot Size Dimensions 13500 Net Operating Income Year 2019 Net Profit 0 Operating Expense 0 Ownership Type Individual Ownership Type1 Leasehold Possible Use Commercial Property Offered For Sale Only Real Estate Included YN No Sale Includes BusinessLicense/PermitEquipmentFranchise Transfer FeeTrade FixturesInventoryCustomer ListFranchise RightsBusiness Name Sales Taxes 0 Sales Taxes Year 2019 Seller Will Lease Back Tax Annual Amount 30625 Tax Year 2019 Tenant Pays Common Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoof Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease Lease Assignable Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Hometown Real Estate.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-12-03T23:52:22.757 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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