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Oklahoma Business For Sale |
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| MEINEKE / ECONO LUBE - S. WESTERN |
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| Attn: William Russell |
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| Oklahoma City, OK, USA |
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| Asking Price: |
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$111,500 USD USA Dollars |
| Business for Sale Industry: |
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Auto & Mech: Services & Gas Stations |
| Reason for Selling: |
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Company selling company owned operations. |
| Year Established: |
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1998 |
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Business for Sale Overview:
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Established Meineke / Econo Lube Care Center located on S. Western just north of Highway 240. Constant daily traffic and being in front of a very active strip retail center makes this a location with great potential. The company will finance up to 40%. A buyer could purchase two operations and double the cash flow. This relatively new facility is company owned and is being offered for sale to an investor or owner/operator. The facility is currently closed, but can be operational very quickly. (The figures shown reflect what the business did when it was open.) Entrepreneur Magazine has ranked Meineke #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits of owning a Meineke / Econo Lube operation includes a protected territory, training, on-going support and continual advertising program.
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Property Features and Assets:
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The free-standing building is approximately 2,500 square feet. It has 5 bays, reception area, office and a waiting area. |
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Market Competition and Expansion:
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Competition: The business is located on a very busy street (S. Western, just north of Highway 240). There are other auto repair businesses in the area, but few with the name recognition and great location. Growth/Expansion: Since the business has be recently co-branded as a combination Meineke Care Center and Econ Lube, the business now has twice the drawing power and twice the product line to offer. The company believes this facility could be in the top percentage of all the facilities in the network.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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