Cincinnati Address - Cincinnati, Oh and movable Oil convert business
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Owning a movable oil turn firm is not so easy although the firm model appears easy in that there is puny inventory, no construction and the firm can be run with a small team of people or even as an owner operator assistance type firm you see? Well let us look at this case study a occasion shall we?
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Across the river in Lexington, Ky we see the Hq for Valvoline On-Site Services and they have some 500 industrial accounts to turn the oil on fleets of vehicles. One would imagine they have potential marketing, brochures, dispatchers, the works. One would also assume that this in effect costs money and so they either fee above going rates for the on-site movable oil turn sector or in effect they are operating at a loss to bring in increased customer base.
Most operators in this movable oil turn sector have never in effect seen any of their units; well, neither have I, but I have seen pictures of their units in Noln Magazine. I met those folks in Lubbock, Tx, good group and you should subscribe to the magazine if you are serious about the movable oil turn business. One issue a year is dedicated to the movable oil turn business.
There are other competitors in the Cincinnati area and yes, and you know I talked with a firm Broker in the area about one movable lube firm for sale and they wanted too much money for it, but they had a good list of clients, so maybe it might have been okay, always looking for a deal and buying cash flow makes sense, never looked at their P and L. If you are mental about a movable oil turn firm in any market then perhaps you might reconsider some of this in 2006.
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