Oil Change and Repair Southeast

Seller Financing Available

listing image
Asking Price:$3,000,000
Gross Revenue:$2,630,717
FF&E:$200,000
Established Year:2006
Cash Flow:$709,110
Inventory:$25,000
Real Estate:$3,000,000
BUSINESS DESCRIPTION

Automotive Oil and Service

This 18 year old business is in the fastest growth area in the state, maybe the Southeast. There are 3 service bays with pits and a separate repair garage.
The tenured staff includes 8 full time employees with the average tenure being 7 years. 2 (15 years) - 2(4 1/2 years) - 1 (11 years) - 2 (2 years) and 1 (8 months) with manager and assistant manager included.
City codes may make it very difficult for a competitor needing to dig pits
Everything has been maintained excellently
New Traffic Flow coming soon


DETAILED INFORMATION
Inventory
Included in asking price
Real Estate
Owned
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There are 2 brick buildings, side by side. One for oil changes and one for mechanical work. They are in a retail center with multiple national account businesses. There is very high traffic flow, and the entire community knows where they are.
Competition
This may be the fastest growing area in the state with competitive entry unlikely.
Financing
Seller financing is not likely on the business, but the real estate can be leased for
Support & Training
Whatever is reasonably required
Reason for Selling
Owner is reaching an age where taking life a little easier is attractive.
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John Howard
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John Howard