THE Business for Sale Marketplace

Asking Price: $161,000

Gross Revenue: $550,000

Cash Flow: $69,714

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

FF&E: $85,000 (Included in Asking Price)

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

Established Meineke Care Center. Company owned facility being offered for sale to an investor or owner/operator. The company will finance up to 40%. A buyer could purchase two existing operations and double the cash flow. Driven Brands, Inc. has brought Mieneke Car Care Center and Econ Lube together under for one operation. This location is a Mieneke, but it could be converted to a Meineke / Econo Lube facility. This business is a turn key operation with a computer system and custom software provided. Entrepreneur Magazine has ranked Meineke ranked #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits of owning a Meineke business is a protected territory, training, on-going support and a national and regional advertising program. Be in business for yourself without being by yourself.

Year Established: 2007

Employees: 5 full time -

Franchise: Yes

Facilities: Approximate 3,000 sq. ft. building with 6 bays plus office, reception and waiting area.

Market Outlook and Competition: Competition: This location is a Meineke, but it can be converted to a Meineke / Econo Lube facility. Many believe the only business better than a franchise, is an established franchise. The business is located on a very busy street, across from Integris Hospital. Entrepreneur Magazine has ranked Meineke ranked #2 in the category, “Miscellaneous Repair and Maintenance Services.” Benefits of owning a Meineke business is a protected territory, training, on-going support and a national and regional advertising program. Growth/Expansion: Since the business has be recently co-branded as a combination Meineke Care Center and an Econ Lube, the business has twice the recognition and twice the product line to offer. The company believes the business could be doubled and even tripled with an experienced operator.

Management Training and Support: Meineke and Econo Lube are brands owned by Driven Brands, Inc. They are separate franchise operations that have 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.