Business Overview

For Sale: A 5-unit Quick Lube Oil Change business that has outstanding locations! We have tapped into real estate where our competitors cannot go. As a result, we have the best locations possible. It simply does not get any better than this. We have disrupted the quick lube oil change business. AND our shops are very profitable. Our secret sauce is our operating model. Our P&L is one of the strongest in the industry. Our customers do not have to sit in a waiting room for hours hopping their car will be next. Changing oil, the old way, can become a half a day’s project. Even if you make an appointment, who knows if your car will be done on time? How about no appointments and your car is serviced in 7 to 8 minutes even when we are busy? This sale includes extensive training with ongoing support. In addition, FF&E and inventory are included.
Contact John for detailed information about this business.

Financial

  • Asking Price: $274,890
  • Cash Flow: $537,100
  • Gross Revenue: $1,678,135
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Includes FF&E and Inventory. Contact for detailed information about this business.

Is Support & Training Included:

Full training and support will be included.

Pros and Cons:

Excellent name in the industry.

Opportunities and Growth:

High demand allows for long-term growth of this essential business.

Additional Info

The company was established in 2014, making the business 8 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell businesses. However, the genuine factor vs the one they say to you might be 2 totally different things. For instance, they may state "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competition, recent reduction in earnings, or an array of various other reasons. This is why it is really essential that you not depend completely on a seller's word, yet instead, make use of the seller's response together with your total due diligence. This will paint a much more realistic picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans so as to cover items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that profit margins are too tight. Lots of companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that must be met or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in brand-new customers? Many times, businesses have repeat customers, which form the core of their day-to-day revenues. Certain factors such as brand-new competition sprouting up around the location, roadway building, and staff turnover can impact repeat consumers and also adversely impact future incomes. One crucial thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the better the opportunity to construct a returning consumer base. A final thought is the general area demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Just how might the regional mean house income influence future income prospects?