Lube & Oil Change--25 Years w/ Same Location and Owner

Moncks Corner, SC
oil lube
Asking Price:$299,999
Gross Revenue:$330,000
Rent:$4,000/Month
Established Year:1996
Cash Flow:$95,000
Inventory:$10,000
FF&E:$60,000
BUSINESS DESCRIPTION

Recession Proof--Safe and Consistent. Profitable and Professionally Managed.

1. Business/History/Equipment. 27 years of same owner and location. Repeat Business—Multi-Generational Customer base Driven by solid reputation and exceptional service. 4.8+ social media Star rating. Three efficient drive thru Bays—easily reformatted if new owner chooses to add new services. Garage space of 2000 sq ft. Neat and Clean! Beyond the operational space—Welcoming Service Counter—Inside and Outside waiting area, Office, storage.
2. Equipment/Assets. All assets needed for efficient Lube /Quick Change operation. Oil tanks for oil storage, tanks and pumps for old oil, service lifts, Oil filter punchers, tools, drain dispensers, etc Detailed Asset list available.
3. Company/Location. Plenty of Parking area and queuing space—convenient street access—high traffic –11,000 vehicles /day. Three employees. Twenty year relationship with oil brand insuring low COGS on oil and filters. This business has grown up with the town. The future growth is entirely up to the energy and vision of the new owner .


DETAILED INFORMATION
Location
Moncks Corner, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
28/01/2029
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Garage sits on a high traffic road--more than 11,000 vehicles pass per day. Operationally this site provides incredible flexibility. Plenty of space to add services--inside ( brakes, allignment, coolant, tires) or Outside (detailing) . The business comes with all the assets need to operate a profitable quick lube and oil operation--oil tanks, tanks and pumps for old oil storage, lifts in service area, oil filter punchers, tools, drain dispensers. Neat and Clean with great operational flow--Welcome Counter, Indoor and outdoor seating/waiting.
Competition
Very Limited Competition. This is a growing town in a growing county that values the spirit of independent Ownership.
Growth & Expansion
There are several avenues available for growth. Currently the business is focused on Oil and Lubes--facility will easily handle the addition of tune ups, tires, brakes, and alignments with minimal layout changes. Additionally, all revenue and financials are based on a five day 9a-5p. This schedule has been consistent for 20 years. This allows for immediate growth and expansion for a new owner focused on revenue and returns.
Support & Training
Four weeks on site--
Reason for Selling
The business was built on the passion of the owner and the growth of the geograp
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Michael
KORIZNO
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Michael KORIZNO