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Highly Profitable Established Auto Repair Business For Sale

Howard County, Maryland
Asking Price:
$998,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,333,303 (USD)
Cash Flow:
$328,055 (USD)

GREAT OPPORTUNITY to own this automotive repair shop established in the 1990's. 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 allows for a great salary for the owners. Given the minimal advertising/marketing efforts to date, there is solid upside potential for further growth.

Property information

Premises Details:

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.

Business Operation

Expansion Potential:

Expansion potential for additional sites. Many solid, growing communities in the business region and great growth to date with minimal advertising/marketing efforts.

Competition / Market:

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.

Reasons for selling:

Retirement and relocation.

Trading hours:

Mon-Fri 8am-5pm; Sat 8am-4pm

Employees:
8 FT / 2 PT
Years established:
19 years

Other Information

Support & training:

Automotive Maintenance and Repair
Preventative Automotive Maintenance
Maryland State Inspection
Brake Repair and Service
Transmission Service Repair
Emission Failure Repairs

Financing available:

Lender pre-screened with $199,600 down.

Furniture / Fixtures value:
$129,854 (USD) - included in the asking price
Inventory / Stock value:
$13,821 (USD) - included in the asking price

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