Operating 10 Minute Oil Change--Assume Lease and Loan

Gregg County, TX
10 Minute Oil Change
Asking Price:$10,000
Established Year:2023
ASSET SALES DESCRIPTION

A new 10 Minute Oil Change Franchise with a remodeled low rent lease facility. Ideal buyer would be an owner-operator with community connections and capable of securing fleet accounts. Business has a growing customer base and gets 5 star reviews. Buyer can take over this growing business just by assuming the lease and the SBA loan, and covering the franchise transfer fee (negotiable). Buyer will have to be approved by the franchise, the landlord, and the bank to assume ownership. Or, Seller is open to discussing a partnership with a buyer able to make a cash investment into the business and willing to take on the daily on-site management of the business.


DETAILED INFORMATION
Location
Gregg County, TX
Facilities
All equipment is new including bulk oil tanks, air and canister filter racks, oil filter racks, bag in a box oil racks, air compressor, break room appliances, tools, signage, etc. Leased facility was repainted and remodeled in the fall of 2023. New signage was also installed.
Support & Training
Training is available from the franchise and the owner will provide 2 to 4 weeks of orientation and training (negotiable). Of course, the manager and staff are expected to stay on and are capable of providing training in the daily operations of the business.
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Gene Pickern
Gene Pickern