Tuffy is seeking qualified candidates to continue our franchise expansion. In 1970, the first Tuffy ...
Tuffy is seeking qualified candidates to continue our franchise expansion. In 1970, the first Tuffy Muffler shop opened in Detroit, Michigan. Service line up currently includes brakes, shocks, struts, springs, alignment, front-end, oil change, muffle...
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Essential Business! This well-established and highly-successful automotive oil and lube shop in Nort...
Essential Business! This well-established and highly-successful automotive oil and lube shop in Northeastern Iowa has served its community since 1990. With a great location and a reputation for quality and excellence, this business is situated to bec...
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Since 1994, this long-standing and growing lube and tire business has built a solid foundation serving its community of eastern New Mexico. This business has a strong market presence, excellent name recognition, and a first-rate reputation for qualit...
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Tuffy is seeking qualified candidates to continue our franchise expansion. In 1970, the first Tuffy Muffler shop opened in Detroit, Michigan. Service line up currently includes brakes, shocks, struts, springs, alignment, front-end, oil change, muffle...
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Merge redefines agency transactions as M&A advisors with innovative strategies and expert insigh...
Merge redefines agency transactions as M&A advisors with innovative strategies and expert insights. We offer dedicated services to showcase and sell your marketing agency, we enhance visibility and attract top buyers. Our experience in the indust...
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Selling a Oil and Lube Business?
Are you a small business owner interested in selling a Oil and Lube related business, property, franchise, service, company? Advertise your Oil and Lube business listing online and Sell a Business or Franchise Commission FREE - Seller Testimonials - If you are a business broker or a real estate agent, signup for a FREE listing account to get Business Broker Leads.If you are a owner selling it on your own, then you need to do additional marketing and monitoring leads - there is more to it than just listing it on a few websites. This in itself is a process and can take a lot of your time.
How to Sell my Oil and Lube Business?
Before selling a Oil and Lube Business, the most important factor or the first step is to organize financials for the last 2-3 years, including tax filings, make a list of equipment and inventory, employee and payroll data and generate profit-loss statements, etc., Then the next most important step is to find what your business is worth and to evaluate your Oil and Lube company to make sure that you price it right based on the existing market conditions. You can either use an evaluation software or in some cases you can find valuation metrics online or you can hire an accountant, CPA, professional appraiser or a broker who can use provide a good valuation. While the valuation metrics differ with the type of company, industry and current market conditions, the most used metric for valuation is based on EBITDA or SDE ie Seller's Discretionary Earnings - which usually includes the owner's salary and benefits in net-income, used mostly by a small company or solo owner operator. The next step in selling your Oil and Lube company is to draft a buy-sell agreement or a contract of sale and you can use a software or buy Sale of Business Forms online or hire a small business lawyer. Selling a small business can also be once in a lifetime event for most people and no matter how well versed you are with your company and the process of selling it, one small mistake may lead to a huge loss or a botched deal, it is recommended that you always seek advice from a business professional such as licensed broker, M&A advisor, consultant, accountant or a lawyer with regards to verification of finances, drafting contracts and negotiation.
