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Great Opportunity – Great Location – One of Las Vegas top Producing Centers is for Sale by the Owners

Family Emergency - OWNER MUST SELL

Right Service, Right Price. Right Opportunity. RIGHT LOCATION

Make an investment in your future and buy this Meineke Econo Lube co branded franchise. Meineke is a trusted brand name that is recognized by over 92% of Americans. Meineke has been a strong presence in the market for over 30 years and supplies a proven business system to nearly 900 franchisees.  A family emergency forces us to sell this location fast. 

This Location leads Las Vegas in top line revenue numbers, and has recently been in the top 20 locations in the western region.  # 12 out of 300+ operations.  The hard work has been done to make this location produce.  The owners are very motivated to sell.  Call Henry Valentino at 702 885 5973 for more information. 

Why Choose the Auto Repair Industry?

The automotive aftermarket is huge! Annual sales in North America are nearly $193 BILLION dollars... and growing! Plus, Americans are keeping their cars longer, and that increases opportunities for repair and maintenance. You don't need automotive experience - just a passion for cars.


Meineke Will Support you with :

  • Exceptional Brand Recognition
  • Growth-Focused Business Model
  • Comprehensive Advertising Program
  • Nationally Recognized Spokesperson
  • In-Depth Market Analysis
  • Extensive Training & Ongoing Support
Meineke Store # 4109 Before and After Photos

Econo Lube & Tune Nov 06
6 Photos

Meineke Store 4109 May 2007
16 Photos
 

 
Map and Directions

6 Bay Established High Volume Meineke Econo Lube Car Care Center For Sale

 

 

Seller: Henry Valentino III (co-owner) Brokers protected




Location: Las Vegas

Listing Number: "RJ8916"

 

Asking Price:

$360,000 Recently reduced from $395,000

Industry:

Auto & Mech: Services & Gas Stations

Reason for Selling:

Family Emergency Forces the Owners to sell.

Year Established:

1992

Number of Employees:

3

Yearly Revenue:

$581,000 *est

Yearly Cash Flow:

$95,000 *est

Overview of the Business:

This Las Vegas High Traffic Location was converted to a Meineke Econo Lube Car Care Center franchise In May of 2007.  The location is right at the busy intersection of Decatur and Meadows Lane – a block from Interstate 95 Exit and Meadows Mall.  It has been a top producing Econo Lube for 10+ yrs.  The owner currently spends about 10hrs/week in the store, and about 10 hrs/week on paperwork.  There are 3 employees, including a manager.  Since Meineke is now expanding into general auto repair, not just mufflers and brakes, there is a significant potential for growth. This location gets a ton of traffic and this store has a lot of upside.

Property Features and Assets:

There are 6 bays; >$100,000 equipment (FF&E); New signs and build out represents another >$250,000; approx. $8,000 in banners and promotional materials are also included.

Market Competition and Expansion:

The business is located in a great Las Vegas location.  The Meadows Mall is having a resurgence, and Interstate 95 just completed construction on a new exit less than ½ mile away. 

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is a franchise opportunity. ( buyer must be approved by Meineke and pay all transfer fees )  
  • This is not a distressed business or bankruptcy situation.

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Map of Econo Lube 'n Tune
4701 Meadows Ln, Las Vegas NV 89107
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