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Oklahoma Business For Sale |
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| MEINEKE / ECONO LUBE - THE VILLAGE |
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| Attn: William Russell |
| Meineke - The Village |
| Oklahoma City, OK, USA |
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| Asking Price: |
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$128,000 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 |
| # of Employees: |
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5 |
| Yearly Revenues: |
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$550,000 |
| Yearly Cash Flow: |
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$69,714 |
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Business for Sale Overview:
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Established Meineke Care Center. Company owned facility being offered for sale to an investor or owner/operator. The company will finance up to 40%. A buyer could purchase two operations and double the cash flow. Driven Brands, Inc. has brought Mieneke Car Care Center and Econ Lube together under for one operation. This location is a Mieneke, but it could be converted to a Meineke / Econo Lube facility. This business is a turn key operation with a computer system and custom software provided. Entrepreneur Magazine has ranked Meineke ranked #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits of owning a Meineke business is a protected territory, training, on-going support and a national and regional advertising program. To reach the projected cash flow, the business would need an owner/operator.
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Property Features and Assets:
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The building is approximately 2,800 square feet and has 6 bays, a reception area, office and a waiting room. |
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Market Competition and Expansion:
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Competition: This location is a Meineke, but it can be converted to a Meineke / Econo Lube facility. Many believe the only business better than a franchise, is an established franchise. The business is located on a very busy street, across from Integris Hospital. Entrepreneur Magazine has ranked Meineke ranked #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits of owning a Meineke business is a protected territory, training, on-going support and a national and regional advertising program. Growth/Expansion: Since the business has been recently co-branded as a combination Meineke Care Center and an Econ Lube, the business has twice the recognition and twice the product line to offer. The company believes the business could be doubled and even tripled with an experienced operator.
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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 not 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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