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Automotive Oil & Lube Change Business Valuation Formula:

Oil & Lube Services: This is a general business valuation formula or method for established auto oil and lube change businesses or shops based on a percentage of annual gross revenues that can be used to help determine an approximate value and asking price to market an existing oil & lube change center.

Auto Oil & Lube Business Valuation Formula: Approximately 50% of annual gross sales.

Broker Comments: I have found that listings of Oil & Lube center businesses for sale that include several locations and where the owners employs a manager are the most sought after- especially if they can be legitimately run semi-absentee. I know a few owners of small franchise chains in the Arizona market and most were very pleased with the profit margins and relative stability and simplicity this type of auto service business model offers.

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Note: Always contact and consult with a Business Broker, Business Appraiser, or financial adviser who is familiar with the dynamics of your local market and economy because conditions for establishing an asking price for a coffee house business can vary based on a wide variety of factors and local conditions.