3 AUTOMOTIVE QUICK LUBE CENTERS

This Listing is Closed

Business
  • Listing# : 5467
  • Listed Price : $770,000
  • Total Sales : $1,065,328
  • SIC : 7549
  • Down Payment : $770,000
  • Status : Closed
  • Discretionary Earnings : $290,958

Business Type :

Automotive / Auto Quick Lube

Business Description :

3 Quick Lubes in SE Michigan, all on major roads with high traffic volume. 2 on corner lots. Very professional. Clean records. Operation run absentee since owner serves in Army for past 13 years. New owner should be able to increase revenue and income considerably, if not absentee operated. Staff in place. Seller owns all buildings. Building leases included in financials. New U-Haul Rental and additional tire rotation revenues not included in financials. Seller financing available.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $0
    • Incl : No
    • Inventory $18,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $75,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl : No
    • Total Assets $93,000
    • Incl : Yes

Lender Prequalified: No

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