Listing Number: 76931-536288
Located on a busy street in central Houston for 12 years, this quick oil change center is priced to sell! This business provides complete automotive services ranging from oil changes, filter changes, state inspections, tune-ups, transmission services, brake services, tire rotations, battery services, glass services, and even body work. The strengths of the business include efficient and personalized service, clean and family-friendly environment, competitive pricing, accessible location, and carfax certification.
The listing price includes $425,000 for the business and $1,050,000 for the real estate for a combined price of $1,475,000.
The business has 4 service bays and is located on a 18,750 sq ft tract with 150 feet of street frontage and includes 4,048 of interior building sq ft.
Per owner's tax return, sales were $622,000 in 2018 with $157,000 in seller discretionary earnings. Included in the sale are $75,000 in FF&E and $25,000 in inventory. There are also 5 full time employees and 1 Manager. The owner will offer 2 weeks training to ensure a smooth transition.
This is a great opportunity for an investor or owner-operator to purchase a profitable business with real estate. The owner worked 12 years to build the business and now wishes to retire.
- Price: $1,475,000
- Down Payment: $1,475,000
- Sellers Discretionary Earnings: $157,161
- Total Sales: $622,066
- Location: Harris County, Texas
- Inventory: $25,000
- FF&E: $75,000
- Employees: 6
- Year Established: 2007
- Reason for Selling: Retirement
- Category: Automotive