Lubegard by International Lubricants Inc.
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Shop Listing

Shop # 643-684
Location:Norfolk, Virginia
Description:4 lift shop (1 being outside), family owned with excellent reputation and A+ BBB record. Repeat customers over few generations. Several grandfathered features that make this shop unique for the area. Second 3 bay shop on property available. Property completely fenced with plenty of parking. All tools, equipment, building benches, cores, parts cleaner, etc stay with business. Major parts suppliers only minutes away.
Yearly Gross Sales:$ 475,000
Average Major Repair Order Amount:$ 2500+
Years Est.:38+
Number of Employees:2
Competition:There are a number of other shops in the Tidewater area, however we believe our shop has survived the changing market for over 38 years because we are first and foremost family. We have always treated our customers fairly and given a very honest assessment of their situation. People seem to appreciate the fact that Wayne won't sell them something they don't need. We have a customer base that goes back 38+ years with the grandchildren coming to see us now. We are a large military community and have a great reputation in the local hobby shops. One of the major transmission suppliers is only minutes away, so we don't have to keep a large stock of parts in inventory.
Features:Customer Lobby, Fence, Security System, Building Room, Cleaning Machine
Building Benches:4
Asking Price:$ 340,000
Property Included in Sale:No
Financing Available:Yes
Deposit:$ 10 - 20% of sale price
Lease Term:Building - 2000.00 month 2nd Building if interested - 2000.00 month 5 year lease negotiable Option to buy property at fair market value at any time.
Monthly Payment:$ ?
Support & Training After the Sale:Yes
Company:Genes Transmission
Name:Wayne Dunham
Address:5334 E Virginia Beach Blvd
Norfolk, Virginia 23502
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