Non-Franchise Auto Oil Change Business with Real Estate
Unicoi County, TN
Asking Price: | $1,070,000 |
Gross Revenue: | $347,002 |
EBITDA: | $172,355 |
Real Estate: | $630,000 |
Cash Flow: | $42,406 |
Inventory: | $25,000 |
FF&E: | $40,000 |
Established Year: | 1993 |
Listing ID: 2263697Listing provided by BizBuySell
BUSINESS DESCRIPTION
Own this easy to operate and manage oil change center and be profitable from day one. The business is being sold with the real estate.
DETAILED INFORMATION
Location
Unicoi County, TN
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,160
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located on a .25-acre prime tract improved with a 2,160 square foot building specifically designed and built for oil changes with two oil change pits. The below level pit area runs the entire length and depth of the building. The building was built in 1993.
The facility is also equipped to perform tire changes and repairs.
Competition
This business is located in a town with limited competition. It is a somewhat captive market. The current owners have not spent much on marketing and advertising, well below the 3 to 5% of revenue that would be expected. We anticipate a new owner could increase revenue simply by advertising and promoting more.
Growth & Expansion
The northeast Tennessee region is projected to increase at a brisk pace between 2020 and 2030.Unicoi County will get a share of that population growth. This influx of additional residents will have vehicles that will require repair and periodic service.
Support & Training
Sellers will provide up to two weeks of training and support to a new owner. Current staff would be interested in working for a new owner.
Reason for Selling
Sellers have two auto service-related businesses. Desire to sell both.
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