Auto Lube Shop In West El Paso For Sale

Business description

This lube shop has been open for many years ago in West 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 locations owned by the same owner and would be available as a stand alone unit or the buyer could purchase the other location which is for sale(See GBS293). 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.

The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

For more information, please contact Tom Given below.

Property information

Real Estate:

Lease

Premises details:

2,250 SQ. FT. @ approximately $3,314/mo. Landlord will sign a long term lease with qualified buyer.

Size in square feet:

2,250

Other information

Expansion potential:

This business needs an owner operator to standardize and track the daily operations. In addition, 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.

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 business.

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$4,000 (included in the asking price)