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Growing Oil Change Business

NashvilleMetropolitanArea, Tennessee

Services - Auto Repair, Parts & Svcs | Retail - Gasoline Service Stations

Asking Price $265,000 Inventory $9,000* 
Gross Income $175,000 Real Estate $245,000* 
Cash Flow $27,000 Year Established 2004
FF&E $25,000* Employees 1 ft & 2 pt

* included in the asking price

** not included in the asking price

Growing Oil Change Business -- This clean, well designed oil change facility has been open for over four years, and it is located in a farther-out suburb of Nashville. Sales have been increasing by approximately 21% every year. However, due in part to increased growth, sales were up 27% during 2007. The area continues to be the scene of significant growth, so sales are expected to increase even more in the future. This business-for-sale includes the real estate, making it a great bargain. It is in a great location, and there is plenty of room for expansion beyond the current two bays (with a pit). There is currently no significant local competition. This facility has been profitable since it was opened. Along with the facility, the real estate is also expected to grow significantly in value. For an additional $40,000, the Seller is willing to include additional real estate (land) in the sale so as to permit the construction of one or more facilities on contiguous land. Furniture, Fixtures, & Equipment: $25,000 Vehicles and / or rolling stock: $-0- Inventory: $9,000 Accounts Receivable (if included): $-0- Land and Building (if included): $245,000 Other Assets: $-0- Current Liabilities to be assumed: $-0- Current Notes to be assumed $-0- Asking Price: $265,000 Down Payment: $39,750 Annual Sales Volume: $175,000 Cash Flow: $27,000

Facilities: This clean, well designed oil change facility is located in a farther-out suburb of Nashville. The almost new 1,892 sq. ft. two bay facility (including a pit) with a waiting room, a bathroom, and an office on 1.9 acres in a great location on a state highway.

Competition: There is currently no nearby competition.

Growth/Expansion: Sales have been increasing by approximately 21% every year. Sales are up 26% for the first nine months of 2007, and they have already exceeded 2006 year-end sales. The area is becoming the scene of significant growth, so sales are expected to increase even more in the future.

Financing: A 20 Year SBA Loan is possible at Prime + 2% with a 15% Down Payment.

Support/Training: 30 days (free).

Reason Selling: The Seller took on what he felt was too much debt.

AD # 336079

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