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Established Oil Change Shop in Booming South Carolina Community

Moncks Corner, Berkeley County, South Carolina, United States
listing image
Asking Price$300k
Revenue$320k
EBITDA-
Cash Flow$90k
Description
This well-established oil change shop has been serving the Moncks Corner community for 28 years, earning a loyal customer base and a strong reputation. Specializing in quick and efficient oil changes, this business offers an excellent foundation for a new owner to build upon. With three additional bays available for expanding automotive repair services, along with two 1,200 sq ft walled-off units for added services and office space, there is significant room for growth. This is an ideal opportunity for an entrepreneur looking to step into a successful operation and inject new energy into a trusted community business.
Real Estate
Leased
Number of EmployeesFull-Time: 2
Year Established
28
Reason Selling
Retirement
Facilities & Assets
Facilities & Assets: The business operates in a well-maintained facility equipped for efficient oil change services, with three additional bays available for expanding automotive repair offerings. The two 1,200 sq ft walled-off units provide flexibility for growth and customer engagement. The layout allows for effective staging of customer vehicles, ensuring a smooth workflow.
Support & Training
The current owner is committed to ensuring a smooth transition and will provide training and support to the new owner. This includes insights into daily operations, customer management, and service protocols, enabling effective management and growth of the business.
Market & Competition
Moncks Corner, SC, is experiencing significant growth, with a population increase of approximately 24.9% from 2020 to 2023, reaching around 16,621 residents. This growth, driven by residential and commercial developments, enhances the demand for reliable automotive services. The local economy benefits from nearby industrial parks, attracting new businesses and residents. As vehicle ownership rises, the need for maintenance and repair services will continue to grow.
Growth Opportunities
This shop offers significant growth potential, ideal for someone looking to expand services or leverage existing operations. Opportunities include introducing new maintenance services, enhancing marketing strategies, and engaging the local community. With ample space for additional services and vehicle staging, a new owner can drive increased sales and build on the business's strong foundation.
Asking Price$300k