Details - Information last confirmed on May 7, 2021
The offering is a collection of five New Mexico-based companies, operating independently, providing vehicle wash, detailing, and quick lube services. The business is well-known for exceptional service and affordable prices within the communities in which it serves.
· Operating for over 50 years with a well-regarded brand
· Excellent reputation for high level customer service and satisfaction
· Monthly subscription plans offer recurring revenue streams
· Flexible service packages offer varieties of options to customers
· In-house and dedicated maintenance team allows for streamlining and efficiencies
· Strong cash flows with most revenues collected immediately upon customer service
· Open other new locations throughout Albuquerque and expand into surrounding cities, such as Santa Fe
· Increase monthly subscription sales for guaranteed revenue streams
· Hire and strengthen management teams to increase bottom line profits
· Aggressive growth opportunities via capital injection
· Increase sales team to boost performance across all locations
· Albuquerque, New Mexico
· The business serves consumers throughout the Albuquerque, New Mexico area.
· The four operating locations are owned by a related real estate holding entity. The properties are available for lease or may be included as part of a sale depending on transaction structure.
· The business is owned by a husband and wife team. Reasons for selling the business include:
1. Desire for more family time
2. Accelerate business growth to compete (requiring selling equity in exchange for continued growth)
3. Pursuit of new and unrelated business interests
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.