Multi Location Oil Lube Center For Sale
Not Disclosed, FL Palm Beach County
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- RE: Multi Location Oil Lube Center For Sale
- Contact: Russell Cohen
- License #: SL679527
Quick Facts
| Asking Price: | $1,800,000 | |
| Annual Revenue: | $1,647,193 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $417,655 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 16 | |
| Employees: | 9 | |
| BBN Listing #: | 945067 | |
| Broker Reference #: | 1287-00006 |
Business Overview:
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 $417k with much more opportunity to grow. 2023 Sales $1.6 million. 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. SBA PREQUALIFIED FOR $1,800,000 with $200,000 down
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Property Features and Assets:
Three Locations
Market Competition and Expansion:
Competition: Any Auto repair business can perform auto lube services.
Expansion: Open Sundays & offer more auto services
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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