Auto Lube
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $317992
Net Profit / Cash Flow $108880
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1986
Number of Employees 4 - 5
Inventory All tools equipment and leasehold improvements.
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Manager in place. Seller can provide support.
Reason for Sale Absentee owner - out of town.
Description Reduced $75,000! This is a beautiful, clean, Nationally branded Auto Lube and maintenance center for sale. Absentee operated. Management is in place. The business nets over $108,000 annually and the financial performance is solid despite the general down-turn in the economy. The property exceeds an 11% CAP rate with current management ...or you can run it yourself and add another $42K to your cash flow. The Business availability is confidential, so please contact the broker for specific location, financial information, photos, equipment list, etc. Email or call Greg McGinn, Business Acquisitions of Fl at 772-223-0846.
The property is immaculate, shows like a brand new facility. This location has already qualified for a very attractive financing package with rates of 6.29% fixed, term up to 25 years, down payment as low as 15%. This makes after debt cash flow very strong. Fantastic corner location on the ''main drag''. Concrete construction. All new signage. Upgraded equipment allowing for expanded services. Complete renovation of building. Shows like new.
Competition: The region is upscale and growing. This business was under-performing under previous owner and has been given a complete overhaul. Current owner spinning off one location.
Growth and Expansion: No additional investment required. Seller has invested the money for renovations & additional equipment. The buyer can finance it all long term at very attractive rates and watch the business grow. Manager is in place for a continued absentee investment if desired.
Click Here To Contact Seller
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