Quick Change oil with Gas great location

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3 bay service station great location
Asking Price:
$395,000

Gross Revenue:
$580,000
Cash Flow:
$69,681
EBITDA:
$82,400
Inventory:
$8,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
$350,000
included in asking price

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Business Description

Well established and profitable. This business has 44 yrs of loyal customers. Owner of many years retiring. 3 service bays on just under 1/2 Ac. Situated just one block off major interstate for great visibility with semaphore for easy access.
Currently shop just completes oil changes and light mechanical work but is large enough for any and all repairs. Open just 5 days a week from 6:00 AM -5:00 PM Mon-Fri so there is a huge upside for future growth. Set up your private showing today you be glad you did. Hurry !!!

About the Business

Location:
Columbia Heights, Minnesota
Year Established:
1971
Number of Employees:
2
Real Estate:
Owned
Building Sq. Ft.:
1,740
Facilities:
This is a turn key sale. Includes all of the equipment with the exception of personal tools of Mechanics. Store is very well equipped. 3 service bays and parking for approx 20 cars.
Car counts are in excess of 25,000 per day through the semaphore. Incredible visibility.
Market Outlook/
Competition:
There are other service shops in the area however this one has a loyal customer following dating back 44 yrs. New owner with new enthusiasm and just by increasing hours just one day a week would make a significant improvement on sales. Current owner is ready to retire and operates on a Ad budget of less than 100.00 per year
Growth & Expansion:
The prospects for growth in this business at this location is very promising.
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About the Sale

Reason For Selling:
owner of many years retiring
Training/Support:
Seller will assist buyer during the transition period.

Listing Info

ID:
1605502
Ad Detail Views:
0

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  Demographics and car counts (4 MB)
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Business Listed by

Bruce Fagan

Generations Real Estate Group
License# 40563259

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