Listing Number: 17441-384075
Description
This profitable, long established quick lube business enjoys local name recognition and return customers. Currently 15% revenue growth year over year in 2022. Owner has limited involvement in daily operations with a strong manager in place. Great opportunity for expanding your current business or for a first-time entrepreneur. Independently owned and operated without franchise royalties. This business performed well during Covid and would be expected to be recession resistant. Large amount of seller financing available for qualified buyers.
Listing Details
- Price: $ 549,000
- Down Payment: $270,000
- Sellers Discretionary Earnings: $ 105,062
- Total Sales: $ 337,993
- Location: Minnesota
- Inventory: $ 0
- FF&E: $ 33,600
- Employees: 4
- Year Established: 1998
- Reason for Selling: Retirement
- Category: Automotive
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