Extremely Profitable Multi Location Oil Lube Centers for Sale

Palm Beach County, FL
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Asking Price:$1,800,000
Gross Revenue:$1,635,338
FF&E:$75,000
Cash Flow:$405,800
Inventory:$75,000
Established Year:2008
BUSINESS DESCRIPTION

Money Maker Oil Lube Centers for Sale

Extremely Profitable National Brand Oil Lube For Sale in SE Florida. Established since 2008 this 3-store chain is available for sale for the first time. 2023 Owner benefit $405k with much more opportunity to grow. 2023 Sales $1.6 million. Clean books & records with 3 years of tax returns on file with the broker. Visa qualified with many W-2 employees. Mgmt. in place. Open 6 days/week 8-5 (New owner can open Sundays which will impact revenue significantly). All buyers must financially qualified & be approved by the seller to receive the executive summary. Owner Benefit represents an owner operator running the business for 20 hrs/week at the stores performing supplemental services. Seller says to increase sales by offering new services like tires, brakes, tune ups, light repairs. Seller will provide 5 yr. lease with options to a qualified buyer. SBA PREQUALIFIED FOR $1,800,000 with $200,000 down


DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller will provide 5 yr lease with 5yr options.
Competition
Any Auto repair business can perform auto lube services.
Growth & Expansion
Open Sundays & offer more auto services
Financing
SBA PREQUALIFIED FOR $1,800,000 with $200,000 down
Support & Training
14 day training
Reason for Selling
Retirement
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Russell
Cohen
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Russell Cohen