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Asking Price$2,000,000
Revenue$1,365,382 Established2007
Cash Flow$296,166 Employees12 full, 2 part
FF&E$340,000* FranchiseNo
Inventory$65,000* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This independent, multi-location oil lube & car wash business has a dominant position in its marketplace in Western Wisconsin.  It is affiliated with a major, national oil brand.  Most of the centers feature well maintained, stand alone buildings, up to date equipment, and all have a highly trained, stable employee base.  The centers are known for their speed of service and honesty & integrity in dealing with their customers.  The centers recently began offering mechanical services, which provides a great avenue for future growth.  
    The $2M asking price is broken down as follows:  $335k for the business, which includes roughly $65k of inventory and all the equipment, currently valued at $340k.   The business is priced at roughly HALF of what it would cost to equip and stock something similar from scratch.   $1,665,000 for the real estate (which is supported by a recent, professional valuation).   The combined cash flow of the operations was roughly $300k in each of the past two years.
    With its stable operations and solid, dependable management and staff in place at each location, this is a perfect opportunity for a strategic buyer looking to expand or an absentee owner/investor looking for a steady return.
Sale Reason:Retirement
Ad #88457
Seller Reference #MINNEMN003-N1460
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612-455-0880
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