Hot Listing
Franchise Quick Lube with Real Estate Included in Henrico County, VA
Business Description
This established franchise quick lube provides oil changes, preventative maintenance, state inspections, and light mechanical services to a large, recurring customer base in a densely populated suburban trade area. The shop operates from a three bay facility on a high traffic corridor with roughly 32,000 cars per day on the primary road and 22,000 on the cross street.
The sale includes the real estate, eliminating rent and giving the buyer control of the property.
The current owner manages the business from outside the market. A locally based, hands on operator is well positioned to build car counts, expand fleet relationships, and grow the existing customer base.
INVESTMENT HIGHLIGHTS
- Real estate included in the asking price, no lease or landlord to negotiate
- Established national franchise brand with ongoing marketing and operational support
- Full complement of employees including a manager, allowing for a smooth transition
- Ownership from outside the market creates a clear opportunity for an owner operator to drive performance
- Sunday closure and limited Saturday hours leave room to expand operating hours
- Recession resistant service category as consumers keep vehicles longer and average vehicle age continues to rise
FACILITIES
- Three bay quick lube facility
- Additional bay for inspections
- Monument signage
Market and Industry Overview
The quick lube segment continues to benefit from an aging U.S. vehicle fleet, with the average vehicle age now above 12 years. Roughly 70% of consumers prefer fast, no appointment routine maintenance, and most oil change customers choose a shop based on proximity to home or work. This location sits in an underserved market with an average of two vehicles per household and steady commuter traffic, positioning it well for continued demand.
Support and Training
The franchisor provides training, operational systems, and marketing support to new owners. The seller will assist with a reasonable transition period, and the existing manager and staff are expected to remain in place.
Reason for Sale
Owner is based outside the market and is divesting to focus on other interests.
Deal Structure
Asset purchase on a cash free, debt free basis. Buyer assumes no corporate liabilities. All proposals must be submitted in the form of an LOI. Inventory purchased separately at closing.
NDA required.
The sale includes the real estate, eliminating rent and giving the buyer control of the property.
The current owner manages the business from outside the market. A locally based, hands on operator is well positioned to build car counts, expand fleet relationships, and grow the existing customer base.
INVESTMENT HIGHLIGHTS
- Real estate included in the asking price, no lease or landlord to negotiate
- Established national franchise brand with ongoing marketing and operational support
- Full complement of employees including a manager, allowing for a smooth transition
- Ownership from outside the market creates a clear opportunity for an owner operator to drive performance
- Sunday closure and limited Saturday hours leave room to expand operating hours
- Recession resistant service category as consumers keep vehicles longer and average vehicle age continues to rise
FACILITIES
- Three bay quick lube facility
- Additional bay for inspections
- Monument signage
Market and Industry Overview
The quick lube segment continues to benefit from an aging U.S. vehicle fleet, with the average vehicle age now above 12 years. Roughly 70% of consumers prefer fast, no appointment routine maintenance, and most oil change customers choose a shop based on proximity to home or work. This location sits in an underserved market with an average of two vehicles per household and steady commuter traffic, positioning it well for continued demand.
Support and Training
The franchisor provides training, operational systems, and marketing support to new owners. The seller will assist with a reasonable transition period, and the existing manager and staff are expected to remain in place.
Reason for Sale
Owner is based outside the market and is divesting to focus on other interests.
Deal Structure
Asset purchase on a cash free, debt free basis. Buyer assumes no corporate liabilities. All proposals must be submitted in the form of an LOI. Inventory purchased separately at closing.
NDA required.
About the Business
- Years in Operation
- 38
- Franchise
- This business is an established franchise
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Owner is based outside the market and is divesting to focus on other interests.
- Transition Support
- The franchisor provides training, operational systems, and marketing support to new owners. The seller will assist with a reasonable transition period, and the existing manager and staff are expected to remain in place.
Listing Info
- ID
- 2551842
- Listing Views
- 54
Listing ID: 2551842 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.
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