Established, Profitable Quick Lube Passive Owner
Not Disclosed, MN Not Disclosed
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- RE: Established, Profitable Quick Lube Passive Owner
- Contact: Scott Hislop
Quick Facts
| Asking Price: | $585,000 | |
| Annual Revenue: | $383,813 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,707 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 33,600 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 4 | |
| BBN Listing #: | 911850297 | |
| Broker Reference #: | 17441-384075 |
Business Overview:
This profitable, long established quick lube business enjoys local name recognition and return customers. Currently 15% revenue growth year over year in 2022. Owner has limited involvement in daily operations with a strong manager in place. Great opportunity for expanding your current business or for a first-time entrepreneur. Independently owned and operated without franchise royalties. This business performed well during Covid and would be expected to be recession resistant. Large amount of seller financing available for qualified buyers.
2 bay, traditional quick lube facility with a full basement and office/customer waiting area. Potential for seller financing through a contract for deed for the owned real estate or an option to rent from the Seller.
Same owner, same location for 24 years.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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