2 Unit Franchise Quick Lube Operation for Sale in the Chicagoland Area
Business Description
Established: Existing operation with long history of solid performance
Business Description
This is a 2 unit franchise quick lube operation located in the Chicagoland area of Illinois. The business operates under a nationally recognized quick lube franchise brand. Both locations provide oil changes, filter replacements, and light mechanical services to individual and fleet customers. The shops are open Monday through Saturday and are closed on Sundays. The business generates over $1.7M in total annual revenue with strong gross margins.
Transaction Structure: Asset Purchase, cash free and debt free basis
Investment Highlights
The franchise brand is a large routine maintenance operator in North America, consistently ranked among the top in Entrepreneur's Franchise 500 and recently recognized by Forbes among a top U.S. brands for customer service. The business benefits from strong industry tailwinds as the average age of vehicles on U.S. roads has grown from 11 to 13 years, increasing demand for regular maintenance services.
The quick lube model is considered recession resistant, as consumers tend to hold onto their vehicles longer during economic downturns, driving more frequent service visits. The low capital intensity of the business model generates free cash flow that can be reinvested through acquisition or new store development. The Chicagoland market offers strong demographic growth with opportunities for further expansion.
Market and Industry Overview
The quick lube industry continues to benefit from a growing total addressable market driven by the increasing number of registered vehicles in the U.S. and the rising average age of those vehicles. Consumer trends favor fast, convenient, no appointment service models. Industry research indicates that younger demographics place significant weight on convenience and digital access when choosing service providers. These tailwinds position quick lube operators for continued growth in both customer volume and average ticket size.
Deal Structure
All proposals must be submitted in the form of a Letter of Intent and structured as an Asset Purchase. The buyer assumes no corporate liabilities. Leases will be assigned at closing. Closing is subject to standard prorations and customary consents and approvals from the landlord and franchisor. The transaction is structured on a cash free, debt free basis.
Business Description
This is a 2 unit franchise quick lube operation located in the Chicagoland area of Illinois. The business operates under a nationally recognized quick lube franchise brand. Both locations provide oil changes, filter replacements, and light mechanical services to individual and fleet customers. The shops are open Monday through Saturday and are closed on Sundays. The business generates over $1.7M in total annual revenue with strong gross margins.
Transaction Structure: Asset Purchase, cash free and debt free basis
Investment Highlights
The franchise brand is a large routine maintenance operator in North America, consistently ranked among the top in Entrepreneur's Franchise 500 and recently recognized by Forbes among a top U.S. brands for customer service. The business benefits from strong industry tailwinds as the average age of vehicles on U.S. roads has grown from 11 to 13 years, increasing demand for regular maintenance services.
The quick lube model is considered recession resistant, as consumers tend to hold onto their vehicles longer during economic downturns, driving more frequent service visits. The low capital intensity of the business model generates free cash flow that can be reinvested through acquisition or new store development. The Chicagoland market offers strong demographic growth with opportunities for further expansion.
Market and Industry Overview
The quick lube industry continues to benefit from a growing total addressable market driven by the increasing number of registered vehicles in the U.S. and the rising average age of those vehicles. Consumer trends favor fast, convenient, no appointment service models. Industry research indicates that younger demographics place significant weight on convenience and digital access when choosing service providers. These tailwinds position quick lube operators for continued growth in both customer volume and average ticket size.
Deal Structure
All proposals must be submitted in the form of a Letter of Intent and structured as an Asset Purchase. The buyer assumes no corporate liabilities. Leases will be assigned at closing. Closing is subject to standard prorations and customary consents and approvals from the landlord and franchisor. The transaction is structured on a cash free, debt free basis.
About the Business
- Employees
- 17 (12 Full-time, 5 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- Both are leased locations with good remaining term of over 10 years.
Real Estate
- Owned or Leased
- Leased
- Lease Expiration
- 6/1/2038
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- The franchisor provides a national network of support including brand recognition, marketing programs, operational systems, and a proprietary POS platform. The franchise system comprises a mature franchisee base with deep market reach and a ready customer base of more than 20 million customers served annually across the network.
Listing Info
- ID
- 2482290
- Listing Views
Listing ID: 2482290 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. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Auto & Automotive Businesses for SaleIllinois Auto Body & Repair Businesses for Sale















