Business Overview

15-units sale: High brand recognition Quick Lube Oil Change business for sale with fantastic locations. In fact, with our location distribution we cover the market. 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 in a big and unique way! AND our shops are very profitable! Our secret sauce is our operating model. Our P&L is one of the strongest in the industry. We have fine-tuned the Quick Lube Oil Change business with an excellent supply chain and vendors. Our customer retention numbers are outstanding. And we have developed a labor model that finds and retains excellent employees. This translates into excellent COGS with an exceptional EBITDA. All this is included in this sale. This sale comes with extensive training and ongoing support. In addition, there is an opportunity for a structured sale lowering cash necessary to close significantly. Contact John for detailed information about this business.

Financial

  • Asking Price: $1,924,900
  • Cash Flow: $1,608,550
  • Gross Revenue: $5,025,980
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • 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:35
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Includes 15 units, Inventory and FF&E. Contact for detailed information about this business.

Is Support & Training Included:

Full training and support will be included.

Pros and Cons:

Highly respected name in the industry.

Opportunities and Growth:

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

Additional Info

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

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell operating businesses. Nevertheless, the genuine factor and the one they say to you might be 2 entirely different things. For instance, they may claim "I have too many various obligations" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competition, current decrease in revenues, or an array of other factors. This is why it is extremely important that you not rely totally on a seller's word, however instead, make use of the vendor's solution along with your overall due diligence. This will paint an extra sensible picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses borrow money with the purpose of covering items such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that profit margins are too small. Lots of businesses come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might 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 fulfilled or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area attract new customers? Many times, businesses have repeat consumers, which develop the core of their daily profits. Specific factors such as new competitors growing up around the area, roadway building, as well as employee turnover can affect repeat clients as well as negatively impact future earnings. One essential thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business often, the better the chance to build a returning customer base. A last idea is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? How might the regional average household earnings effect future revenue prospects?