This is a great example of business done right. From a simple lube job and oil. The facility has 3 bays, 5,500+- sq ft on almost 1 acre of land recently appraised in the $550,000 range. Highly visible frontage on a state highway close to neighborhoods with high daily traffic. The business is open 5 days a week from 8:00 am to 5 pm Tuesday through Friday and Saturday from 8 am to 12 pm. Gross Revenues have increased year over year. A leading lender in Kentucky has issued an Lender pre-qualified Letter.
- Asking Price:
- $750,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $400,992
- Cash Flow:
- $137,780
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Oil change shop with 3 Bay and Almost 1 acre of land with the Real estate. Recent appraised value is $550k.
Business Operation
- Expansion Potential:
-
Unveil the untapped potential and boundless opportunities that await an oil change company poised for remarkable growth in the dynamic automotive industry. With a strategic vision and a blend of innovative tactics, this company has positioned itself as a front runner in capturing an expanding market share and maximizing future prosperity.
- Competition / Market:
-
This is the oil change location within 8 miles of any surrounding competition.
- Reasons for selling:
-
The owner is a retirement age and is looking to retire from the business.
- Trading hours:
-
Mon-Fri 8am-5pm; Sat 8am-12pm
- Employees:
- 2 FT/1 PT
- Years established:
- 24
Other Information
- Financing available:
-
Lender pre-screened with $150K down.
- Furniture / Fixtures value:
- $20,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
