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Businesses for Sale: Listing Details

 
$258K CASH FLOW-QUICK LUBE/TOWING SVC FOR SALE
Seller: Attn: Tonya Kerr
Location: Charlotte, NC, USA
Listing Number: "AR011"


Asking Price: $1,200,000 USD USA Dollars
Industry: Auto & Mech: Services & Gas Stations
Reason for Selling: retiring
Year Established: 1979
Number of Employees: 8
Yearly Cash Flow: $258,000
Yearly Gross Income: $914,370

Overview:
This prime location Lube & Towing Service has a positive Cash Flow of $258,000! It is for sale for $1.2 Mil + Inventory (valued @$25,000). Price includes real estate for $600K, & the business for $600K. No experience is necessary since training is available. In addition to oil changes & towing services, this business is also an official inspection station, which means that customers could have both an oil change as well as get their vehicle inspected all in 1 visit. It is located in a great area with high visibility-near stores, banks, medical ofc, & other retail stores,which will help to attract business. The 4240 sq ft bldg is well maintained; in fact, it is so clean that the place looks brand new! The bldg has 3 bays & 2 lifts, propane heat & electric AC, plus 2 bathrooms. Well-established business in the community & very busy. Furniture, Fixtures, & Equipment totals $140K & includes 2 trucks, & all equipment used for vehicle inspections & oil changes. If interested in just the equipment without the towing trucks, the FFE would be $63,000, thus reducing the total cost by $77,000. The business also has an alarm system & a secured, fenced-in area for overnight storage. SBA-Approved; terms depend on buyer's credit & background. 20% down for 16 yrs, or less down & extend the yrs. 10% down for bldg/land for 25 yrs & 20% down on business for 10 yrs. Then blend the terms.For more details, please download Confidentiality Agreement from our website, www.bbotc.net, complete form & sign, then fax to our Charlotte office @1-888-545-1118.

Property Features and Assets:
In towing business for 25+ yrs & quick lube for 10+ years. This business has a 2-story building for the past 3.5 years with an alarm system. The 4,240 square feet building has 3 bays, 2 lifts, propane heat & electric AC, as well as 2 bathrooms.

Market Competition and Expansion:
This business is in a great location. It is near medical office, banks, convenience stores, mall, etc. New owner could expand by offering more services.

Additional Details:

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