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Strickland Brothers Investment | Jamestown, TN

300 W. Central Avenue Jamestown TN 38556

  • Lease Type
    Absolute NNN
  • Price
    $1,076,667
  • Acres
    1.03

All Strickland Brothers locations offer drive thru oil change services so customers can stay in
their car and see the job done right. Oil change services include: 10 minute oil change and oil filter
replacement, as well as lubrication of chassis components. Plus, a free maintenance check on
the following: cabin air filters, wiper blades, antifreeze/coolant, power steering fluid, windshield
washer fluid, tire condition, and engine air filter (emission and inspection services if qualified).
The mission of Strickland Brothers 10 Minute Oil Change is to exceed the expectations of every
customer by setting and meeting service standards that are innovative and centered around
the highest level of service, every time. Their aim is to provide dependable services and quality
products for a fair price in a friendly, honest and accommodating environment. Franchisees are
thoroughly vetted by Strickland Brothers for business experience and personal financial strength
to satisfy personal guarantees and brand preservation.

Strickland Brothers is backed by a recent capital infusion from Princeton Equity Group who has a
proven track record for growing emerging brands into household names. Princeton Equity Group
is among the most experienced franchisor and multi-unit investors in the U.S. and exclusively
invests in leading franchisor and multi-unit companies. Princeton Equity Group’s principals
have invested in the likes of Massage Envy, Card My Yard, European Wax Center, Sola Salon
Studios and Urban Air Adventure Park. The Strickland Brothers corporate management team is
made up of industry veterans experienced in operations, who together with Princeton Equity’s
backing, have established aggressive growth goals for the emerging brand. In today’s market,
Strickland Brothers real estate investments are being offered at favorable pricing and a higher
yield compared to competitor brands. With a promising near-term growth profile for Strickland
Brothers, a potential investor has the potential to realize a strong going-in yield coupled with
potential upside, as the emerging brand continues to rapidly grow its footprint across the U.S.

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Details

Property Information

  • Property Type
    Investment
  • Building SF
    2,200
  • Year Built
    2008
  • Acres
    1.03

Pricing & Terms

  • Price
    $1,076,667
  • Lease Type
    Absolute NNN
  • Lease Terms
    15 Years from RCD
  • NOI
    $64,600
  • Cap Rate (Actual)
    6.00%

Property Documents

Aerial Map