Reason For Sale: Retirement- 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 $725k with much more opportunity to grow. 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.
- Asking Price:
- $2,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,673,570
- Cash Flow:
- $724,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 year lease with 5 year options
- Premises Details:
-
3 store chain
5 year lease with 5 year options
Business Operation
- Expansion Potential:
-
Open Sundays & offer more auto services
- Competition / Market:
-
Any Auto repair business can perform auto lube services.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Saturday 8-5
- Employees:
- 9
- Years established:
- 16
Other Information
- Support & training:
-
14 days
- Furniture / Fixtures value:
- $75,000 - included in the asking price
- Inventory / Stock value:
- $75,000 - included in the asking price
