Business Summary:
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
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