Business Overview

Do not miss this opportunity! This deal will not last long! Highly Profitable Family-Owned Auto repair with a stand-alone Oil Change Business. This business is established and primed for enormous growth.
A rare and valuable opportunity to own of the few auto and fleet repair businesses in the suburbs of Oklahoma City, surrounded by a strong commercial and residential customer base. Founded in late 1990’s, the Company provides full-service engine repair to domestic and foreign vehicles and commercial fleets in a 12,000 sq. ft. with state-of-the-art equipment and ASE Certified Technicians. The Company enjoys an excellent reputation for superior workmanship, service, pricing, and expertise across an extraordinary variety of drivetrain systems and service requirements, including commercial and residential diesel applications. The Company’s compelling “one-stop” platform – repair, maintenance, service, enables customers to save time, money, and disruption.

The Oil Change business is located in a stand-alone building with two bays on the same property located next to the Auto Repair Business.

This is an outstanding opportunity that will not last long.

The current owner will consider multiple financing options.

Key Company Attributes

• Facilities are modern and maintained to the highest standards.

• Current, updated software systems — the Company spends $50,000+ per year to maintain its diagnostic software licenses and updates, enabling it to reliably service the broadest possible range of truck and auto platforms. High-end imports are a specialty.

• 12,000 sq. foot facility + 2 Bay stand-alone Oil Change Business

• External parking for 50 vehicles; internal parking for 18 vehicles

• 14 full-time employees

Financial

  • Asking Price: $1,950,000
  • Cash Flow: N/A
  • Gross Revenue: $2,100,000
  • EBITDA: $450,000
  • FF&E: $100,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1999

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:12,000
  • Lot Size:N/A
  • Total Number of Employees:14
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

• Facilities are modern and maintained to the highest standards.

Is Support & Training Included:

Owner involvement and training after-sale is negotiable. The owner is willing to train during the transition period.

Purpose For Selling:

Owner has other investments that they want to focus on and time with family.

Pros and Cons:

Excellent essential business in high traffic and high growth area with excellent median income in the immediate area. Competition is relative

Additional Info

The company was founded in 1999, making the business 23 years old.

The company has 14 employees and is located in a building with approx. square footage of 12,000 sq ft.
The property is leased by the business for $7,250 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell companies. Nevertheless, the real factor vs the one they say to you might be 2 absolutely different things. For instance, they may claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might just be justifications to try to conceal the reality of changing demographics, increased competitors, current decrease in revenues, or a variety of various other factors. This is why it is very crucial that you not count totally on a seller's word, but instead, use the vendor's answer combined with your overall due diligence. This will repaint a more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses finance loans in order to cover points such as stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can suggest that earnings margins are too thin. Many companies come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that have to be met or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area bring in new customers? Most times, operating businesses have repeat consumers, which develop the core of their everyday revenues. Certain aspects such as new competition sprouting up around the area, road building, and staff turnover can affect repeat clients as well as adversely impact future earnings. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the better the chance to develop a returning consumer base. A final idea is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Just how might the local typical home income impact future revenue prospects?