OIL CHANGE FRANCHISE MIDAS FOR SALE IN LOMBARD IL

, IL

$245,000

Miscellaneous Store

Description

Great opportunity to acquire and own an well established,Oil Change/Auto Repair Franchise.

Strategically located on a busy street and in close proximity to residential and business communities, ensures this business with high volume of vehicle traffic and a steady stream of clientele.
Asking Price: $245,000.00 Plus Inventory.

Building Size: 3,400+- Sqft

Seller is operating this business for over ten years which have estimated $150,000.00 of equipment and tools of trade.

This is one of the top knowable national franchise in state of IL.

Currently this store is doing over $550,000.00 in sales per year.

Gross Profit is 70% of sale and net profit is 30% of sale can be proven as per tax return.

Rent is $7,000.00 per month including all tax and cam.

Sales are increasing per year 15% from last 3 years.

This business is already approved for SBA Loan.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business. Pl call us at 847-474-5010.

ATTENTION BUSINESS OWNERS: If you are in business from last one year and you need money for store or inventory WE WILL ASSIST YOU TO GET $25,000 to $500,000 with in 48 HR. please call @ 847-474-5010.We are here to help you.

Business Details
  • Business ID: MBB2020-11
  • Industry: Miscellaneous Store
  • Location: , IL
  • Price: $245,000
  • Financing: Not Available