Automobile Repair Services
Automotive & Boat Businesses for Sale
- Primary Category: Auto Repair & Service Shops for Sale
The business itself was established over 25 years ago, with the current ownership taking over 8 years ago. About 80% of the company’s customers are wholesalers, and around 20% are walk-in retail customers. The Business enjoys an excellent reputation within the auto repair industry, with most of its business coming from long-term wholesale relationships. In addition to transmission services, the company provides a wide range of automotive repair services.
The current owners have decided to sell the business to retire and spend more time with family. The company maintains a database of hundreds of customers, the majority of whom are repeat clients. Most new customers are referrals from existing or past clients, a testament to the high quality of the company’s service and parts.
They have loyal, well-trained, and highly experienced team who have been with the company longtime. The facility features six service bays—five equipped with lifts and one ready for a new lift to be installed if needed.
Financial Information
- $736,000 Asking Price
- $336,000 Cash Flow
- $1,669,000 Gross Revenue
- $100,000 Down Payment
- $266,000 Adjusted EBITDA
Business Location
- City: PG County
- State: Maryland
Reason for Sale
- Owner Retiring
Detailed information
- Year Established: 1995
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Full-Time Employees: 5
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 40
- Inventory Included: Yes
- Inventory Value: On request
- Monthly Rent: $9,000
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 3600
- FF&E Included?: Yes
- FF&E Value: $75,000
Training/Support
- Owner will provide training during transition period
Facilities
- The facility features six service bays—five equipped with lifts and one ready for a new lift to be installed if needed.
Market Outlook/Competition
- There are not any competition for type of service this business provide.
Real Estate Description
- The operation occupies 3,600 square feet of building space on an 18,700-square-foot lot. The shop is located at main street level with excellent visibility from the main road.
Business Listed by
Majid Zarinbaksh
Sunbelt Montgomery & Frederick CountiesContact Business Broker
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