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Jan 14, 2019Exceptional Fast Lube and Tire Service Business

Well established and top performing oil change and tire business available in the rapidly growing Austin Texas Metro Area (one of the fastest growing counties of Texas and the US!) Centrally located in this booming suburban community, the business is highly profitable and exceeds the industry profitability benchmarks. There are multiple opportunities for service expansion (including Sunday service, additional auto maintenance services, auto detail and fleet services). This a great candidate for absentee ownership!

Seller is willing to retain the Real Estate to lower the Buyer’s initial financial outlay, leaving the purchaser responsible only for purchasing the equipment and operations for $650,000. As part of the lease, the Buyer will have favorable options to purchase the real estate during the term of the lease (including extensions). Seller is also willing to sell the real estate related to the business for its appraised value.

For a qualified purchaser, Seller financing is available!

Price: $650,000 (including equipment and inventory)

2017 Revenues: $737,000

2017 SDE: $ 263,000

The current owner has new business interests that require his full focus and is seeking the right purchaser to build upon this solid business. Seller financing available for qualified purchaser.

Price: $650,000 (including equipment and inventory)

Revenues (2017): $740,000

Net income: $263,000 (Discretionary Earnings before adjustment for market rent)

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