TURNKEY-Highly Profitable Auto Repair Shop

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Asking Price:
$795,000

Gross Revenue:
$1,503,000
Cash Flow:
$328,055
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$13,821
included in asking price

FF&E:
$129,854
included in asking price

Real Estate:
 Not Disclosed

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Business Description

GREAT OPPORTUNITY to make a substantial salary as soon as you take the keys (over $280,000).The owners built their business from the ground up to a large, successful enterprise using community and family-based principles that place the customer first. With a solid business base which is fed by significant repeat and referral activity, this business is positioned for success well into the future. The profitable revenue is due to a well run business with manageable expenses and rent . Given the minimal advertising/marketing efforts to date, there is solid upside potential for further growth.

About the Business

Location:
Howard County, Maryland
Year Established:
1999
Number of Employees:
8 FT/2 PT
Facilities:
This repair shop has 5+ bays and 10+ lifts, fully stocked with operational tools. The shop is organized, clean and well-managed. Located in the heart of a safe, vibrant commercial and residential area and centrally located to major highway arteries. The facility is extraordinarily well positioned for easy access. The facility lease has two remaining 5-year extension options. Assignment requires Landlord approval.
Market Outlook/
Competition:
Moderate to high competitive environment in a thriving locale. This business has excelled by setting itself apart as the community's fair and honest automotive experts. With unwavering focus on the customer over the course of nearly two decades, these owners have developed a sustainable, dependable customer base with minimal advertising/marketing.
Growth & Expansion:
Expansion potential for additional sites. Many solid, growing communities in the business region and great growth to date with minimal advertising/marketing efforts.
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About the Sale

Reason For Selling:
Retirement and relocation.
Seller Financing:
Lender pre-screened with $159k down.

Listing Info

ID:
1539039
Ad Detail Views:
820

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Business Listed by

Michele Pouliot

Murphy Business Brokerage in Maryland

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