A Major National Brand Automotive Service Center

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Precision Tune in Great Location, No Automotive Experience Needed
Asking Price:
$275,000

Gross Revenue:
$680,000
Cash Flow:
$150,000
EBITDA:
$150,000
Inventory:
$20,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

This Precision Tune Auto Care Center is located adjacent to a large shopping mall in highly visible, high traffic count (50K per day), commercial area in Bowie, MD. It is a part of a major national automotive conglomerate (a Carl Ichan holding), with great financial & marketing resources. Established in 2000, it has built a very good reputation, serving a large base of loyal clientele (Google rating of 4.7 of 5). With the support of the franchiser and a stable, well-trained staff, it is perfectly suited for entrepreneurs with or without automotive experience. Brokers welcome.

About the Business

Year Established:
2000
Number of Employees:
4
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,288
Lease Amount/Mo.:
$6,500.00
Lease Expiration:
3/31/2023
Facilities:
It is a very well equipped spacious auto repair business with six bays, six lifts, alignment machine, tire changer, tire balancer, AC machine & a variety of diagnostics equipment.
Market Outlook/
Competition:
Very limited competition due to zoning restrictions
Growth & Expansion:
The current owner will start a state safety inspection program by end of May 2018, which will immediate increase annual sales by $100,000 at a minimum. There are several other growth opportunities such as fleet accounts & Repair Pal that the new operator could pursue with the assistance of the franchise company. The current owner is a sole operator with very limited time & has been unable to implement these proven programs as of yet
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About the Sale

Reason For Selling:
Retirement & travel distance
Training/Support:
The current owner & the franchise company will be available for transition & training.

Listing Info

ID:
1350887
Ad Detail Views:
410

Attached Files Attachment Disclaimer

  Non Disclosure Agreement (19 KB)
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Business Listed by
Victor Kim

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U.S. Census Data for Prince George's County, MD
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Prince George's County, MD
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Source: American Community Survey (2010-2014), United States Census Bureau.

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