Absentee Owner -Auto Lube in Plano- Outstanding location
- Listing Id: 9978
- Broker Name: Ken pokorny
- Category: Auto Repair Businesses
- Asking Price: $1,000,000.00
- EBITDA: N/A
- Real Estate: $650,000.00
- Cash Flow: $171,587.00
- Inventory: $30,000.00
- No. Of Full-Time Employees: 5
- No. Of Part-Time Employees: N/A
- Gross Income: $743,295.00
- FF&E: $120,000.00
- Year Built: 2007
- Address: Click Here
- Zip Code: Click Here
- City: Plano
- State: TX
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Reduced Price- Owner motivated to sell asap!! This shop is in an outstanding location in Plano TX. This is a full absentee ownership business. It has a history of growth as 2013 Sales were up 13% and Sales grew over 37% since 2011! However, 2014 Sales were down more than 15% as the owner started up another business overseas and has been out of the country since April. Opportunity to restore this shop to the a very healthy operation with previous sales and profit levels. Facility has excellent visibility located in a prime lot on Parker Road. The very solid demographics will contribute to increased revenue and profits year after year. Currently configured as a two bay double, with two lifts outside behind the building. Oil Change price has been $19.95 for the past five years! Car count is over 30 per day. Ticket average is $82 per day.
Financial Summary
N/A
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