Auto Lube
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $373051
Net Profit / Cash Flow $139093
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1986
Number of Employees 4 - 5
Inventory All tools equipment and leasehold improvements.
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Manager in place. Seller can provide support.
Reason for Sale Absentee owner - out of town.
Description Reduced $75,000 to $789,000! This is a beautiful, clean, National Branded Auto Lube and maintenance center for sale. Absentee operated with management in place. The business nets over $139,000 annually and the financial performance is on the rise despite the general down-turn in the economy. The property provides a 10.8% CAP rate with current management ... or you can run it yourself and add another $48K to your cash flow. The Business availability is confidential, so please contact the broker for specific location, financial information, photos, equipment list, etc. The property is immaculate, shows like a brand new facility. Email or call Greg McGinn, Business Acquisitions of Fl at 772-223-0846. This business has already qualified for a very attractive financing package including 6.29% fixed, 20-25 years and 15% down.
The business is located right on US-1 with fantastic visibility. The area is growing rapidly. This business was under-performing under previous absentee owner and has been given a complete overhaul. Numbers are up despite the slow economy. Exceptional visibility located right on US-1. Completely renovated and the equipment has even been upgraded.
Growth and Expansion: No additional investment required. Seller has invested the money for renovations & additional equipment. The buyer can finance it all over a 20-25 year term at very attractive rates and watch the business grow. Excellent Manager is in place for a continued absentee investment if desired.
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