Top Location, Profitable, 3 Bay Automotive Repair
Not Disclosed, MD Anne Arundel County
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- RE: Top Location, Profitable, 3 Bay Automotive Repair
- Contact: Aamer Chaudhary
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $276,839 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $79,114 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 4 | |
| BBN Listing #: | 979164 | |
| Broker Reference #: | 090122-480168 |
Business Overview:
** UPDATE: This location is now a certified Maryland State Inspection Station. **
This three-bay automotive shop in Anne Arundel County Maryland services foreign and domestic vehicles. Services provided include:
- Engine and transmission services
- Heating and cooling system work
- Brake repair
- Routine maintenance, including oil changes
Setup as an owner/operator model, this business is perfect for the mechanic who has always dreamed of running his own garage.
Business will come with over $100,000 worth of equipment and inventory allowing the new owner to hit the ground running.
Seller financing is available for good quality buyers for 4 years.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Monthly Rent: $2,400.00
Square Units (Foot, Meter): 3,000
Lease Expiration Date: May 10, 2031, 9:00:00 PM
Terms Options: NNN
FF&E Overview: Excellent.
FF&E General Condition: State of the art and well maintained FF & E good to go for next 10 years.
Market Competition and Expansion:
Competition:
Limited since there is no other such business in 1 mile radius. Also, there are not many auto businesses in their area. It is not easy to find a suitable leasing place therefore the s entry in this industry is not easy for new entrants.
Expansion:
Strong due to the following compelling reasons:
- Population growth
- Digital marketing
- Adding more hours in services
- Hiring more staff to grow the business
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Maryland businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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