Asking Price: $111,500

Inventory: $7,500 (Included in Asking Price)

FF&E: $53,000 (Included in Asking Price)

Seller Financing: Financing is available for a portion of the purchase price. Seller will finance up to 40%.

Established Meineke / Econo Lube Care Center located on S. Western just north of Highway 240. Constant daily traffic and being in front of a very active strip retail center makes this a location with great potential. This relatively new facility is company owned and is being offered for sale to an investor or owner/operator. The seller will finance up to 40%. A buyer could purchase two operations and double the cash flow. The facility is currently closed, but can be operational very quickly. Entrepreneur Magazine has ranked Meineke #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits of owning a Meineke / Econo Lube operation includes a protected territory, training, on-going support and continual advertising program.
Be in business for yourself without being by yourself.

Year Established: 1998

Employees: 5 full time -

Franchise: Yes

Facilities: This is a 5 bay, free-standing building, approx. 2,500 sq. tf.

Market Outlook and Competition: Competition: The business is located on a very busy street (S. Western, just north of Highway 240). There are other auto repair businesses in the area, but few with the name recognition and great location. Growth/Expansion: Since the business has be recently co-branded as a combination Meineke Care Center and Econ Lube, the business now has twice the drawing power and twice the product line to offer. The company believes this facility could be in the top percentage of all the facilities in the network.

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.