THE Business for Sale Marketplace

Established Meineke Car Care Center - The Village
Location: Oklahoma > Oklahoma County > Oklahoma City
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $128,000
Gross Revenue: $550,000
Cash Flow: $69,714
Inventory: $7,500 (Included in Asking Price)
FF&E: $55,000 (Included in Asking Price)
Seller Financing: Financing is available for a portion of the purchase price. Seller will finance up to 40%.
Business Summary
Established Meineke Care Center in “The Village” area of Oklahoma City. Company owned facility being offered to an investor or owner/operator. The company will finance up to 40%. A buyer could purchase two operations and double the cash flow. Driven Brands, Inc. has brought Meineke Car Care Center and Econ Lube together under for one operation. Many believe the only business better than a franchise, is an established franchise. Turn key operation with computer system and custom software provided. Entrepreneur Magazine has ranked Meineke ranked #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits include protected territories, training, on-going support and continual advertising. Be in business for yourself without being by yourself.
About the Business
Year Established: 2005
Employees: 5 full time -
Franchise: Yes
Facilities: Free-standing building, approx. 2,800 sq. ft., 6 bays with office, reception and waiting areas.
Market Outlook and Competition: Competition: The business is located on a very busy street, at the intersection of Hefner and Pennsylvania Ave. The area is fully developed and the competition is limited. Surrounded by upscale residential neighborhoods, there is a significant market available. Growth/Expansion: Since the business has be recently co-branded as a combination Meineke Care Center and an Econ Lube, the business now has twice the drawing power and twice the product line to offer. The company believes the business could be doubled and even tripled with an experienced, dedicated operator.
About the Sale
Management Training and Support: Meineke and Econo Lube are brands owned by Driven Brands, Inc. They are separate franchise operations, but have now been joined together. Full training and support will be provided and company representatives will be available to assist the new owner get established and operate their business.
Reason For Selling: The holding company, Driven Brands, Inc. has decided to sell a large number of their company owned locations to franchisees and spend their efforts supporting these operations as the franchisor.
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Meineke in The Village65 KView | Download
Meineke in the Village45 KView | Download
The Village249 KDownload

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BizQuest ID:888259
Business Listed By
William Russell  |  Capitol Business Consultants, Inc.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.