Tom Smith--Principal--25 years experience as marketing director with national team working with business owners. Certified Business Broker by the Business Broker Network
After 30 productive years, the owner of this Oil and Lube is ready to hand the reigns over to a new owner. If you are ambitious and a hard worker, are interested in automobiles and technology, or just want to be your own boss, this may be for you. This is a turn-key operation with no franchise ties on a high traffic volume road in a city in South Central Oklahoma. This is a full service 3 bay Automotive Lube/Oil and Repair Service Center. The business benefits from a fantastic location at a busy intersection. The facility has been renovated in recent years. Currently, the lube shop generates on average $33,000 per month in revenue with mainly oil changes and is seeing solid growth. The average monthly sales in 2011 were $19,500.00 per month. Sales Revenue in 2014 was 421K and Sellers Discretionary Earnings in 2014 were 98K. The current owner is active in the day to day operations. The business does light mechanical work as well as oil changes and lube services. This business can be operated as an absentee owner opportunity or as an owner operator opportunity. The business has a well-established customer base and is located in an ideal, fast growing area with high traffic exposure. The Facility & Equipment are well maintained and in good condition. The facility has excellent visibility located on a prime corner lot. The very solid demographics will contribute to increased revenue and profits year after year. Sales are up over 10% year to date in 2015. The Real Estate is for sale as well and is offered separately for $395,000.00. It the buyer is not interested in buying the Real Estate, the owner is willing to provide a 5 year lease for the new owner with options. The business has an excellent reputation due to their awesome customer service and high quality work.
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