Established a 30-year-old Auto Repair Shop. This 5,000-square-foot business has multiple income streams in the auto service industry. The auto repair location has a customer database of over 10,000 retail and commercial customers, containing three separate garages with two auto services bays in each area, for a grand total of six (6) large bay auto service centers. Adjacent to the repair shop area is a clean auto body shop area to provide auto body repairs, a spray paint booth, and an auto detailing center for extra profits. The company location is ideal for a vehicle/auto body repair enthusiast. The location also has additional profit streams listed to generate additional revenue: a MD MVA-certified inspection station, a MD MVA-approved tag and title services, towing truck and equipment rental, and Interlock service. The total asking price for auto repair shop operations and equipment is $750,000. The monthly rent price is $7,000 per month. Real estate is available for sale and is sold separately. The real estate is not vetted by business brokers. Seller financing is available to the owner with a 50% down payment of $375,000 at a 4.5% interest rate for 48 months for business operations. The owner is retiring! Only registered premium buyers may schedule an actual visit to the disclosed location.
- Asking Price:
- $750,000 Inventory / Stock included
- Sales Revenue:
- $690,226
- Cash Flow:
- $246,130
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 4 FT/1 PT
- Years established:
- 30
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
375,000.00 Down & Balance financed at 4.5% over 48 months to a qualified buyer.
- Furniture / Fixtures value:
- $85,000
- Inventory / Stock value:
- $15,000 - included in the asking price
