Innovative Business Brokerage Group
Innovative Business Brokerage Group
For more information contact:
784 Wall St., Suite 100M • O'Fallon, IL 62269
8000 Bonhomme Ave, Ste 416 • Clayton, MO 63105
terry@innovativeba.com
618.688.2018 IL | 314.726.4000 MO
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For more information contact:
618.688.2018
IL Office
314.726.4000
MO Office
Listing: Two Quick Lubes
Name: Two Quick Lubes
Type of Business: Auto
Location: Midwest
Broker Summary: Unique opportunity to purchase two stores that were once part of a chain of 26 quick lubes. These two stores where taken under new management and have been completely restored and updated. Sales are currently on the climb to pre 2015 levels. Cash flow from 2013 – 2014 would command a sales price over $500,000 higher than what would be accepted today. Both long term sales managers for the locations have stayed in place helping ensure a speedy recovery. Locally popular stores with the current managers in place provides comfort for the road to recovery. Buyer is interested in selling the stores as a package deal. Expectations of price match current cash flow not previous cash flow. This offers a potentially huge upside to any buyer. Sellers are motivated and willing to make a very fair deal.
Operations & Staffing: The quick lubes are open Monday through Saturday
Building: One quick lube is a two bay building the other is three bays
Owner Training: Long term managers in place at both locations
Inventory: To be sold to buyer at cost
Fixtures, Furniture & Equipment (included in sale price): Included in the purchase price
Price: $1,200,000.00 plus inventory
Asking Price: $1,200,000.00 Gross Income: Call for Details Cash Flow: Call for Details EBITDA: Call for Details
FF&E: $25,000 Real Estate: Included in sale price Established: 1995 Employees: 8
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Illinois Office
784 Wall St., Suite 100M • O'Fallon, IL 62269
618.688.2018
Missouri Office
8000 Bonhomme Ave, Ste 416 • Clayton, MO 63105
314.726.4000
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Illinois Office
784 Wall St., Suite 100M
O'Fallon, IL 62269
Missouri Office
8000 Bonhomme Ave, Ste 416
Clayton, MO 63105
All Content Copyright IBA © 2014-2017
creative by BLOCKPLANEDESIGNS