Jiffy Lube franchisee Premium Velocity Auto has acquired eight former Havoline Xpress Lube & Service Centers in Mississippi and Alabama from Randy Groover, a local business owner who is retiring. Groover was the president of Pro Oil Shop, which owned and operated the Havoline service centers. Financial terms of the transaction were not disclosed.
The new Jiffy Lube shops are located in …
• Tupelo, MS (four locations);
• Booneville, MS;
• Corinth, MS;
• Muscle Shoals, AL;
• Florence, AL.
Premium Velocity Auto also has purchased a former Mobil 1 Express Lube shop in Florence, AL. The transactions bring two Jiffy Lube service centers to the northwest Alabama city, complementing its new Jiffy Lube in nearby Muscle Shoals.