Auto Lube Shop In El Paso For Sale

Business description

** Price Reduced to $30,000 ** This lube shop opened in 1997 in the East/Central part of El Paso. The shop specializes in oil changes, state inspections, transmission and radiator flushes and other maintenance procedures. This location is part of a chain of 7 locations owned by the same owner. The name is well known and respected in this niche. This business would be a good fit for an entrepreneur wanting to get into the lube shop business with significant growth potential. Business hours 8:15am-5:30pm Mon-Sat. Sales and Cash Flow are from calendar year 2010 financial statements. * NOTE - Inventory not included in the purchase price. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities

Property information

Real Estate:

Lease

Location:

Located in the East/Central part of El Paso

Premises details:

2250 SQ. FT. @ approximately $2,834/mo. Landlord will sign a long term lease with qualified buyer

Size in square feet:

2,250

Other information

Expansion potential:

The current owner believes that significant growth could be achieved by advertising the services to customers in the area (no advertising was incurred in 2010) and by implementing a preventive maintenance system for cars based on the car mileage.

Competition / Market:

This service has a growing demand throughout the area. This business needs an owner operator to standardize and track the daily operations.

Support & training:

Training to be provided by current owners for 2 weeks. In addition, owners would be available long term for consulting.

Reasons for selling:

Owner is reorganizing and consolidating his businesses

Trading hours:

8:15 am - 5:30 pm Mon-Fri

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$4,000