Listing Price:  $1,339,000  Gross Sales:  $856,152 
Down Payment  $300,000  Recast earnings* (Owner Benefit):  $175,047 
Location:  SWFL (Net $175K)

  SWFL Quick Lube - Major Franchise - Net $175K

Executive Summary

LENDER PRE-QUALIFIED.  Located on a major highway.  It is a one stop shop for oil changes and more.  they are preventive maintenance specialists.  They provide most warranty-required services for less than most dealership prices.  Their fleet services keeps a history of services performed and when additional maintenance services are needed. Present owner works 10 hours a week. Additional owner's benefit could be available if a new owner works more hours.

Business Synopsis

Asset Information (estimated fair market value)

Established in: 1997 Inventory:
Employees: 7 FT, 1 Mgrs Furniture, Fixtures & Equipment: $50,000 Included
Facilities: 1848 Real Estate: $820,000 Included
Business Format: Corporation Total Assets: $890,000  
Reason for sale: Retirement
Operating History 2017 2016 2015
Financial Source Tax Return Tax Return Tax Return
Gross Sales $856,152 $898,337 $852,856
Gross Profit $607,764 $616,298 $592,005
Adjusted Earnings (Owner Benefit)* $175,047 $170,758 $153,773
(*) Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Detailed information on this business is available to principals only.
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DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.
Phillip T. Rice
(239) 280-3121
Coldwell Banker Commercial NRT
4851 Tamiami Trail No.
Suite 100
Naples, FL 34103