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Quick Lube Franchise In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
Over $5M (CAD) Furniture / Fixtures included
Sales Revenue:
$8,600,000 (CAD)
Cash Flow:
$2,000,000 (CAD)

Established Business in Recession Resistant Industry with Multi-Unit Growth

7 drive-thru quick lube stores are for sale (all in Toronto/Mississauga and surrounding areas). Simple, repeatable operations generate strong cash flow with 70+% repeat customer rates. simple menu focused on oil changes with drive-through service, delivering a differentiated customer experience built on speed and convenience. No skilled or specialized labor required; there is a built-in career development training program with 8 – 12 employees per shop. Located in retail-dense trade area with the following characteristics:

• 1,500 Sq. Ft. freestanding building
• 30k minimum population within 3-mile radius
• Mixed-use trade areas with retail synergy (often some mix of big box, QSR, grocery, pharmacy, auto parts, etc)

new owner should have P&L management experience. Real estate knowledge is highly advantageous due to opportunity to own and scale real estate. Multi-unit growth potential through greenfield development and M&A (via an Area Development Agreement). New development is a key factor.

Property Information

Real Estate:

Lease

Lease Terms:

There are long term leases with lease options in place

Location:

Toronto, Mississauga, and surrounding areas

Premises Details:

Located in retail-dense trade area with the following characteristics:
• 1,500 Sq. Ft. freestanding building
• 30k minimum population within 3-mile radius
• Mixed-use trade areas with retail synergy (often some mix of big box, QSR, grocery, pharmacy, auto parts, etc)

Size in square feet:
1,500

Business Operation

Expansion Potential:

Rapid expansion attributable to superior real estate, world class service, and cutting edge technology powering the business.
Real estate knowledge is highly advantageous, due to opportunity to own and scale real estate. Multi-unit growth potential through greenfield development and M&A (via an Area Development Agreement). New development is a key factor.

Competition / Market:

Highly differentiated offering creates a competitive moat within automotive space; quickly consolidating market share in a fragmented landscape.

Reasons for selling:

Exiting

Trading hours:

7am-7pm on weekdays and 18 hours total on weekends

Employees:
60
Years established:
2010

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Comprehensive and ongoing training support. High caliber data science and customer acquisition teams work on your behalf to optimize customer experience and maximize repeat business.

Relocatable:
This business can be relocated.