Profitable Quick Lube with Real Estate

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$1,475,000 $622,066

Automotive & Boats: Auto & Truck Repair & Service


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RE: Profitable Quick Lube with Real Estate Broker: Ron Hankamer

Quick Facts

Asking Price: $1,475,000
Annual Revenue: $622,066
Net Profit: Not Disclosed
Cash Flow: $157,161
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 6
BBN Listing #: 275644107
Broker Reference #: 76931-536288

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Business Overview:

Located on a busy street in central Houston for 12 years, this quick oil change center is priced to sell! This business provides complete automotive services ranging from oil changes, filter changes, state inspections, tune-ups, transmission services, brake services, tire rotations, battery services, glass services, and even body work. The strengths of the business include efficient and personalized service, clean and family-friendly environment, competitive pricing, accessible location, and carfax certification.

The business has 4 service bays and is located on a 18,750 square feet tract with 150 feet of street frontage and includes 4,048 of interior building square feet.

Per owner's tax return, sales were $622,000 in 2018 with $165,000 in seller discretionary earnings. Included in the sale are $75,000 in FF&E and $25,000 in inventory. There are also 5 full time employees and 1 Manager. The owner will offer 2 weeks training to ensure a smooth transition.

This is a great opportunity for an investor or owner-operator to purchase a profitable business with real estate. The owner worked 12 years to build the business and now wishes to retire.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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