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- RE: 5-Bays 6 Lifts Automotive Biz & Real Estate, CASHF
- Contact: Aamer Chaudhary
Quick Facts
Asking Price: | $1,170,000 | |
Annual Revenue: | $730,091 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $115,747 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | $875,000 | |
Year Established: | 1960 | |
Employees: | 4 | |
BBN Listing #: | 979311 | |
Broker Reference #: | 090122-388782 |
Business Overview:
This automotive repair Biz has roots that stretch back 60 years and has a loyal customer base to prove it, OFFERS TRUE VALUE!
The business is turn-key ready for a buyer with a strong automotive background. Currently, it supports 5 bays, 6 lifts, and 3 mechanics, unlocking to create a promising future business prospects.
It provides all standard automotive repair and mechanic services for most American and Japanese-made vehicles. The buyer/s can take it to the next level with a perfect commercialization strategy, if they know how to do. LOCATION OF THIS BUSINESS IS THE MASTER KEY.
This long successful business sits on a prime 1.3 acres of property zoned for automotive on a busy 4-lane road that leads traffic directly to and from the Naval Air Station Patuxent River.
And the price DOES include the real estate which is worth $ 900,000 (approximately)!
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Property Features and Assets:
It has been established as a family run business for over 60 years at the very same spot.
Market Competition and Expansion:
There is no other auto shop concept as unique as this business and as high quality as this in the radius of 5 miles. The owners have built a power network of connections with the customers in the area through personalized services and excellent relationships.
The busienss is located directly off the highway that accesses the surrounding towns and shopping areas. Always busy.
Biggest future growth opportunities are:
- Offer services by targeting businesses, schools, educeducational institutions, goverments agencies, in the area.
- Weekdays hours of operations can easily be extended from 9 am to 10pm (including 24/7 services) to meet the needs of the market as well as for the weekends
- Add lottery machines
- Grow digital marketing platforms and campaigns to attract younder customers
- Build a strong online presence (website), social media initiative and aggressively marketing the business may increase sales by 15-20%.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Maryland businesses for sale
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