MID-MICHIGAN QUICK OIL CHANGE FRANCHISES
Seller:
Attn:
Marsha Barnett-King
Location:
Mid Michigan, MI, USA
Listing Number:
"DETROMI001N396"
Overview:
If you are within driving distance of Lansing, Jackson, Ann Arbor or Kalamazoo and would like to own your own business, consider owning these two well run oil change facilities. You will learn everything you need to know from a well known Michigan franchisor. Last year one of the stores was voted the most improved in the system and the other has already surpassed those numbers. This is an excellent opportunity for a displaced auto worker or anyone interested in working for themselves. Retail/customer service experience is preferred but no previous experience is required. The royalty for the newest location is 6% with a 2% advertising fee (1% is returned with proof of local ad placement). The other location is 4% with a 1% advertising fee. The transfer fee is $1,500 per location.
Property Features and Assets:
This package consists of two locations less then 10 miles apart. The first is 2,000 sq. ft. with a gross lease of $2,750 expiring 8/30/2012. The second is 1,800 sq. ft. with a gross lease of $2,800 expiring 3/28/2017. This location was built specifically for the franchise with the latest equipment and standards. Both locations have (2) 5 year options. Each has 2 bays with new or used equipment valued at $75,000 in total.
Market Competition and Expansion:
In addition to focusing on providing outstanding customer service, the advertising methods the seller finds most effective are; local cable TV, Money Mailer and grocery store receipts. The car count per day in each location is 17.5 and 22. The Average ticket is $39.31 and $43.55. A competitor near the lower volume store recently closed and sales are already increasing. The other location placement is excellent with no nearby competition.
Additional Details:
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