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Listed by:

Transworld Business Advisors Richmond

Excellent Auto Repair & Transmission Shop For Sale

Maryland, US
Asking Price:
$425,000
Sales Revenue:
$1,102,636
Cash Flow:
$104,866

Since the 1980's this business has been successfully run by a single family. They started as part of a national transmission repair franchise, and over the years grew into a full service general auto repair center. Continuation of the franchise is available but not required (see Agent for more details).

Since the early 2000's the business has been located in a large facility with multiple repair bays, large office and customer lounge on a high traffic highway in a densely populated area. The sale includes all FF&E, shop tools, multiple lifts, and a variety of other specialized repair and engine diagnostic equipment.

The Seller's work in the business 2-3 days per week doing some mechanical repair, helping with customer service/financing, some outside sales, and most of the general bookkeeping using QuickBooks. The business is fully staffed including an experienced Service Writer using "Omnique" repair estimation software integrated with the local NAPA parts supplier. Other team members include: a transmission rebuilder and five "ASE Certified" general repair technicians.

Services provided include: General Auto Repair, Belts & Hoses, Brakes, Car Battery, Check Engine Light Diagnostics, Engine Repair/Replacement, Drivetrain Service, Exhaust Systems, Power Steering, Suspension, and Transmission Repair/Replacement.

Over the years, this shop has won many awards through suppliers and the Franchisor. They pride themselves on quality workmanship, and excellent customer service as evidenced by their over 500 Google reviews with a 4.5 star average. Having completed over 100,000 repairs, the business has a large contingency of loyal repeat residential and commercial customers and is ready for new ownership to provide continued growth and expansion.

A Signed NDA and Buyer Profile is required to receive more information. Please contact the Exclusive Agent for details.

Property Information

Real Estate:

Lease

Size in square feet:
12,000

Business Operation

Expansion Potential:

This business is ready to grow! It is situated off a busy highway in a large multi-bay facility with plenty of room for expansion and new service offerings. The many years of successful operation, and high customer satisfaction, provides a steady stream of loyal repeat residential and commercial customers.

Competition / Market:

There are several competitive auto repair businesses in the area. But not very many with the excellent facility, experienced technicians, and excellent reputation as featured in this business.

Reasons for selling:

Retirement

Trading hours:

8am -- 5pm

Employees:
6
Years established:
1980

Other Information

Support & training:

# of Weeks Seller Will Offer Training-2

Financing available:

Owner Financing Amount $75.000,00, Owner Financing Monthly Payment $1.520,73

Furniture / Fixtures value:
$60,000
Inventory / Stock value:
$10,000