Under Contract - Quick Lube Conversion Services...

Durham, NC
Durham County


Asking Price: Annual Revenue:
$325,000 $753,740

Automotive & Boats: Gas Stations


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RE: Under Contract - Quick Lube Conversion Services... Broker: Mark Richie

Quick Facts

Asking Price: $325,000
Annual Revenue: $753,740
Net Profit: Not Disclosed
Cash Flow: $74,164
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 76638780
Broker Reference #: RALEINC001-N747

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Business Overview:

Coming soon! Established auto repair that includes an additional business opportunity. The location is in a high demand area for the fast lube concept but there is only one competitor in the market. Representatives of oil companies have estimated that 70 oil change Saturdays are quite probable. Current estimates for traffic are 35,000 cars per day. The owner does not work in the business. Rent is $6,356 per month * Conversion of two bays to drive through * Pit design with tanks and equipment in place * Approved by shopping center with plans * Improvements funded by supplier (not an oil company)

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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