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- RE: Quality Lube & Auto Repair-Business & Real Estate
- Contact: Oliver Kotelnikov
Quick Facts
Asking Price: | $345,000 | |
Annual Revenue: | $900,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $170,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 432535781 | |
Broker Reference #: | OKAR2023 |
Business Overview:
Quality Lube & Auto Repair is a landmark full-service automotive repair facility in Okanogan County. Serving the growing communities of Winthrop, Twisp, and the greater Methow Valley, this highly reputable family-owned business specializes in lube and oil services, tune-ups, routine safety inspections, regularly scheduled and preventative maintenance, brakes, batteries, and select engine and transmission work. Recognized for service, quality, and integrity, the shop enjoys a tremendous amount of repeat business from an established, multi-generation client base of local residents with significant additional revenue generated from a large contingent of seasonal residents and visitors to the area. Stability of the business cycle and consistency of earnings are the norm. Routine maintenance and scheduled services are booked 2-3 weeks out with walk ins accepted on availability basis. The facility services an average of 15-20 vehicles daily.The business occupies a prominent Seller owned building on a highly visible corner lot at the busy intersection of the main municipal arterial and the scenic North Cascades Highway. Constructed in 2004, the efficiently designed purpose-built four bay facility is equipped with vehicle lifts and hoists, and features convenient street access, a dedicated parking lot, and a cozy customer waiting room on the main floor. The basement houses services pits for the two dedicated oil change bays and provides additional storage space.
Business volume and customer demand remain at historical levels demonstrated by robust back-to-back-to-back years of strong financial performance in 2021, 2022, & 2023. Day-to-day operations are supported by a knowledgeable group of 5-6 team members including Master/ASE Certified mechanics, a lube technician, and front office and administrative support staff. Ownership contributes approximately one full time equivalent to the labor of the business. Hours of operation are Monday-Friday 8 A.M.-5 P.M.
The business is electively closed on weekends. Due to the rapidly growing target market and customer demographics, historically high demand for the company’s services, and limited competition, an immediate avenue for increased revenue and organic growth exists by adding staff and expanding hours of operation. This is a rare opportunity to own a standout lifestyle business with generational goodwill in a vibrant community and to secure a long-term investment in the form of rapidly appreciating commercial real estate assets. The Methow Valley area is an emerging real estate marketplace experiencing explosive population growth and is a world renown destination for outdoor recreation activities including fishing, river rafting, hiking, mountain biking, and cross-country skiing.
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Property Features and Assets:
The real estate can be purchased for $650,000 making the entire business and real estate package for the acquisition $995,000. This is a perfect opportunity to acquire a business and real estate for $100,000 /- cash and a SBA loan.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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