Non-Franchise Auto Oil Change Business with Real Estate
Business Description
Opportunity Knocks: Acquire a highly successful, non-franchise oil change and automotive service center strategically located in East TN. This turn-key business offers a new owner the chance to be profitable from day one, with a strong foundation built on a loyal, repeat customer base in a growing market.
Key Features:
Prime Location: Situated on a high-traffic main thoroughfare in Erwin, ensuring excellent visibility and easy access for customers. Erwin boasts a somewhat captive market with limited competition for specialized oil change services.
Real Estate Included: This offering includes the purpose-built 2,160 sq. ft. facility on a 0.25-acre prime tract. The building, constructed in 1993, is specifically designed for efficient oil changes, featuring two dedicated oil change pits that run the entire length and depth of the building, thereby maximizing workflow.
Established and Profitable: Operating since 1993, this business boasts a proven track record of profitability and consistent revenue growth.
Comprehensive Services: While specializing in quick oil changes, the facility is also equipped to perform tire changes and repairs, providing additional revenue streams and convenience for customers.Average 20-22 cars a day, 5 days a week.
Growth Potential: The Northeast Tennessee region, including Unicoi County, is projected for brisk population growth between 2020 and 2030, ensuring a steady increase in demand for automotive services. Current owners have undertaken minimal marketing and advertising; a new owner could significantly boost revenue through proactive promotional efforts (3-5% of revenue is a typical marketing spend for this type of business).
Efficient Operations: The business is designed for easy operation and management. All necessary Furniture, Fixtures, and Equipment (FF&E) are included in the asking price (approximately $40,000 in value). A healthy inventory, valued at roughly $25,000, is also included. The owner does not work in this business, but checks on it weekly.
Experienced Staff: The current dedicated staff are interested in continuing to work for a new owner, ensuring a smooth transition and retention of valuable expertise.
Key Features:
Prime Location: Situated on a high-traffic main thoroughfare in Erwin, ensuring excellent visibility and easy access for customers. Erwin boasts a somewhat captive market with limited competition for specialized oil change services.
Real Estate Included: This offering includes the purpose-built 2,160 sq. ft. facility on a 0.25-acre prime tract. The building, constructed in 1993, is specifically designed for efficient oil changes, featuring two dedicated oil change pits that run the entire length and depth of the building, thereby maximizing workflow.
Established and Profitable: Operating since 1993, this business boasts a proven track record of profitability and consistent revenue growth.
Comprehensive Services: While specializing in quick oil changes, the facility is also equipped to perform tire changes and repairs, providing additional revenue streams and convenience for customers.Average 20-22 cars a day, 5 days a week.
Growth Potential: The Northeast Tennessee region, including Unicoi County, is projected for brisk population growth between 2020 and 2030, ensuring a steady increase in demand for automotive services. Current owners have undertaken minimal marketing and advertising; a new owner could significantly boost revenue through proactive promotional efforts (3-5% of revenue is a typical marketing spend for this type of business).
Efficient Operations: The business is designed for easy operation and management. All necessary Furniture, Fixtures, and Equipment (FF&E) are included in the asking price (approximately $40,000 in value). A healthy inventory, valued at roughly $25,000, is also included. The owner does not work in this business, but checks on it weekly.
Experienced Staff: The current dedicated staff are interested in continuing to work for a new owner, ensuring a smooth transition and retention of valuable expertise.
About the Business
- Years in Operation
- 32
- Number of Employees
- 4
- Facilities & Assets
- Located on a .25-acre prime tract improved with a 2,160 square foot building specifically designed and built for oil changes with two oil change pits. The below level pit area runs the entire length and depth of the building. The building was built in 1993.
The facility is also equipped to perform tire changes and repairs. - Market Outlook / Competition
- This business is located in a town with limited competition. It is a somewhat captive market. The current owners have not spent much on marketing and advertising, well below the 3 to 5% of revenue that would be expected. We anticipate a new owner could increase revenue simply by advertising and promoting more.
- Opportunities for Growth
- The northeast Tennessee region is projected to increase at a brisk pace between 2020 and 2030.Unicoi County will get a share of that population growth. This influx of additional residents will have vehicles that will require repair and periodic service.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,160
About the Sale
- Seller Motivation
- Sellers have two auto service-related businesses. Desire to sell both.
- Transition Support
- Sellers will provide up to two weeks of training and support to a new owner. Current staff would be interested in working for a new owner.
Listing Info
- ID
- 2263697
- Listing Views
- 603
Listing ID: 2263697 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. See our full Terms of Use. Learn how to avoid scams.
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