Mid-Michigan Quick Oil Change Franchises
| Asking Price: | $195,000 | Inventory: | $20,000 ++ |
| Gross Revenue: | $490,000 | Real Estate: | n/a |
| Cash Flow: | $80,000 | FF&E: | $74,900 ++ |
| ++ included in the asking price ** not included in the asking price | |||
If you are within driving distance of Lansing, Jackson, Ann Arbor or Kalamazoo and would like to own your own business, consider owning these two well run oil change facilities. You will learn everything you need to know from a well known Michigan franchisor. Last year one of the stores was voted the most improved in the system and the other has already surpassed those numbers. This is an excellent opportunity for a displaced auto worker or anyone interested in working for themselves. Retail/customer service experience is preferred but no previous experience is required. The royalty for the newest location is 6% with a 2% advertising fee (1% is returned with proof of local ad placement). The other location is 4% with a 1% advertising fee. The transfer fee is $1500 per location.
About the Business
Year Established:2001
Employees:2 full time - 2 part time
Franchise:Yes
Facilities:This package consists of two locations less then 10 miles apart. The first is 2000 sq. ft. with a gross lease of $2,750 expiring 8/30/2012. The second is 1800 sq.ft. with a gross lease of $2,800 expiring 3/28/2017. This location was built specifically for the franchise with the latest equipment and standards. Both locations have (2) 5 year options. Each has 2 bays with new or used equipment valued at $75,000 in total.
Market Outlook and Competition:The car count per day in each location is 17.5 and 22. The Average ticket is $39.31 and $43.55. A competitor near the lower volume store recently closed and sales are already increasing. The other location placement is excellent with no nearby competition. In addition to focusing on providing outstanding customer service, the advertising methods the seller finds most effective are; local cable TV, Money Mailer and grocery store receipts.
About the Sale
Reason For Selling:Desires business closer to home
Seller Financing:Will consider
KEYWORDS: Auto, maintenance, auto repair, service, oil, oil change, lube, franchise, car, businesses in Michigan, Business for sale
Sell Your Business | This listing has been viewed 490 times
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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