Lubegard by International Lubricants Inc.
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Shop Listing

Shop # 850-479
General
Location:Chicago, Illinois
Description:Independent transmission shop in business over 33 years, complete crew in place with true turn-key operation. Make money the first day.
Yearly Gross Sales:$ 740,000
Yearly Net Profit:$ 150,000
Number of Leads per Week:20-35
Average Major Repair Order Amount:$ $2000
Years Est.:1983
Number of Employees:4
Weekly Salary Expense for Employees:$ $175,000
Yearly Total Parts Expense:$ $150,000
Market
Competition:Closest competition which was 2 independent shops (within 1 mile) have closed within last 9 years.
Growth:Present production is at capacity with current work force. A strong internet presence affords expansion with an increase in production employees.
Property
Features:Customer Lobby, Security System, Building Room, Cleaning Machine
Parking:6 - 10 spaces
Offices:3
Bays:6
Lifts:6
Building Benches:4
Notes:Shop is well established in the local neighborhood as well as across the Chicagoland area. The Owner and Founder is retiring after 33+ years. Manager, Builder and 2 R&R men have been employed in excess of 5 years. Crew would stay on. Internet reviews are excellent. PPC Campaign is very successful. Option to purchase property.
Sale
Reason:Owner/founder retiring after 33 years.
Asking Price:$ 350,000
Property Included in Sale:No
Financing Available:Yes
Deposit:$ $5000
Lease Term:5 year with 5 year option triple net lease.
Monthly Payment:$ $3500
Support & Training After the Sale:Yes
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