Asking Price: $439,000 Gross Revenue: $1,200,000Cash Flow: $110,000EBITDA: $110,000Inventory: $20,000 not included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
We are pleased to offer this Grease Monkey Quick Lube and Car Wash located in Washington state (location to be disclosed after signed confidentiality agreement).
This business opportunity includes a quick lube with a full basement and a car wash. The store is clean and well-maintained, has a history of profitability, and is fully managed and staffed for a smooth transition.
Founded in 1978, and headquartered in Denver Colorado, Grease Monkey is the nation's largest independent franchisor of automotive oil change centers serving more than 2 million customers each year with 75% of them being return customers. Their "less hassle, more hustle!" customer experience is part of every signature Grease Monkey® service.
The Franchisor requires all prospective franchisees meet the following requirements:
- Minimum Net Worth: $250,000
- Minimum Liquidity: $75,000
- Successful business background with Management experience
- 2 Weeks of training (new franchisees)
Eligible for SBA financing. Contact us for the confidentiality agreement and for additional details.
About the Business
Number of Employees:
Clean and well-maintained shop located in a high-traffic area.
The franchisor training program is designed to guide franchisees through every aspect of running a profitable quick lube and preventive maintenance business. They also provide continuous in-store training and on-going employee certification programs for the entire length of your franchise agreement.
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 & Conditions.