Refine/Revise Search
Asking Price: $300,000

30YR OLD PROFITABLE, 3Bay Automotive Biz on Main

Not Disclosed, MD
Anne arundel County

** UPDATE: Business location is now a certified Maryland State Inspection Station. **TURNING WRENCHES INTO TURNING PROFITSWell-Established full service auto repair shop has a sterling reputation for quality repair, honest prices and great customer service.Overall 4.9 Star Google Review rating verifies that you get a 30 years old established business with like a new appearance and a promising future.Top notch 3-bay automotive shop in Anne Arundel County Maryland services foreign and domestic vehicles. Services provided include:KEY HIGHLIGHTS:ESTABLISHED LEGACY & TRUST- Family owned business over three decades, 30 years of operating history- Tradition of excellence, integrity and high-quality serviceREVENUE STREAMS- 30-40% from routine services- 60-70% from high-margin, specialized jobs (Engine, Transmission, Electrical, Suspension work)HIGH-MARGIN- Average Repair Order (ARO) 26% above market priceSERVICES & OFFERINGS- General Repair- Electrical Diagnostics- Preventative Maintenance- Vehicle Inspections- Brake Repair- AC Repair- Transmission Repair- Diesel Repair- Alignment- Engine Repair and SwapPROFITABILITY- Long-term history of profitability and cashflow generation- Consistent financial performance with ample room for growth through optimization and marketingHOT LOCATION- Strategically positioned in a high-visibility main street in Edgewater, Maryland.SPECIALIZATION- Advanced diagnostics and complex repairs other shops can’t handle- Growing demand due to longer vehicle ownership periods, necessitating more complex maintenance and repairs- Increased complexity of modern vehicles boosts demand or sophisticated diagnostic servicesTHE EDGEWATER FACTOREdgewater is a rapidly growing town with an immense amount to offer. New real estate developments are in the process of going live in coming years and a variety of new subdivisions are being developed around the radius of 10-20 miles. Business has enormous future potential since location is landmark and business is strategically located on busy highway having over 10,000 vehicles passing everyday.LIMITED HOURS OF OPERATIONSOwner keeps his business closed over the weekends in spite of great demand in the area because of his lifestyle however the new owner can extend the hours on weekends and open the business for weekends that will be a booster shot for the sales and profits. Tons of lucrative customers need services on the weekends. Team is highly skilled and willing to stay on with the new owner.HIGH VALUE TANGIBLE ASSETSBusiness will come with over $150,000 worth of equipment and inventory allowing the new owner to hit the ground running.Seller financing is available: For good buyers only.REASON FOR SELLING:Owner retiring after 30 years Owning and Operating the businessTHE UNMATCHED TRANSWORLD VALUEThis long successful business for sale, is proudly offered by Transworld Business Advisors, the world's leader in marketing and selling businesses. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with M&A transaction expertise helping them buy or sell businesses coast to coast and across the globe.A SIGNED CONFIDENTIALITY AGREEMENT & PROOF OF FUNDS IS REQUIRED FOR THE EXACT LOCATIONCONTACT USPlease call at (202)-509-3739, (202)-461-2204, (703)-457-0362 or email atachaudhary@tworld.comfor more details.ATTENTION BUSINESS OWNERSWe represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.​

Cash Flow $130,370
Revenue $398,150
$ Owner Financing Available

Asking Price: $1,295,000

SBA Approved, 60 Yr-Old Auto Shop

Not Disclosed, MD
Saint marys County

SBA Approved, 60 Year-Old Auto Shop with Prime Corner Real Estate NETS $115,000!Well-Established 5 BAYS 6 LIFTS Auto Repair & Tire Shop with Real Estate in Maryland!This Mainstream Automotive Repair Biz has Roots that Stretch back 60 Years and has a Loyal Customer Base to prove it, OFFERS TRUE VALUE TO THE RIGHT BUYER/S!TOP NOTCH CUSTOMERS REVIEWSWith reviews with average rating 4.7 and over 2,900 LOYAL customers base in their database, this business has been providing full range of auto services successfully for decades.MISSION STATEMENTCompany's long-term mission is, "to provide trustworthy, quality automotive repair and tires sales services at the best price in town to keep the customers totally satisfied with full sense of respect."STATE OF THE ART FACILITY WITH LARGE LOYAL CUSTOMERS BASEThey are one of the leading auto repair shops serving customers in lucrative marketplace covering Lexington Park, MD, Great Mills, MD, and surrounding areas offer a promising opportunity for an ambitious owner-operator. The business boasts a solid customer base of approximately 2,900 clients of commercial and retail categories and has recently expanded its shop to a total of 3,500sqft with the addition of a fifth service bay, further enhancing its capacity. 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 Domestic and International-made vehicles. The buyer/s can take it to the next level with a perfect commercialization strategy, if they know how to do.The business has a longstanding reputation for quality repairs. Whether customers need routine auto maintenance services or necessary car repairs, services are both offered by online or visits during business hours. Coupled with the highest quality repairs, service and fair price, this virtually guarantees that the customer will return in the future. Company continues to offer tires for light trucks, passenger cars, and SUVs from top brands such as Hercules, Michelin, Pirelli, Dunlop, Hankook, Toyo, Goodyear, Cooper, Bridgestone, Continental, General Tire and many others to perfectly meeting customers' needs. They are selling both new and used tires. They are well known as the only shop in the area that can handle large vehicle alignments for offering superior service standards that show that they always have the best interests in customers' happiness and piece of mind.To maintain consistent high-quality services and products, Promoters and Mechanics strive to ensure that services are performing at its very best before vehicles leave one of the service bays.LOCATION IS THE MASTER KEYThis long successful business sits on a prime 1.3 acres of property zoned for automotive on a busy 4-lane road with daily average traffic count of over 5,000 vehicles and the address that leads traffic directly to and from the strategic Naval Air Station Patuxent River.HIGH QUALITY FULL SERVICE REPAIRS OFFERED AT COMPETITIVE PRICES PER BELOW:-Axle, CV Joint & Driveshaft Repair-Brake Repair-Climate Control Systems-Cooling System Repair-Electrical and Electronic Systems-Engine Diagnostics and Performance-Exhaust System Repair-Lube, Oil & Filter Change-Preventive Maintenance-Starting, Charging & Batteries-Steering and Suspension System-Tire Pressure Monitoring System (TPMS)-Tire Services-Transmission Service-Wheel AlignmentKEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND:Sales up 14% and are projected to be increasing between 11-14 by the year end.FINANCIAL & BUSINESS HIGHLIGHTS 2023Sales: $730,091.00Net Margins: 17.28 % /-.Sellers Discretionary Earnings: $ 115,747.00Past 3 years Average SDEs: $ 120,000.00Yearly Revenue and Profit Trends: Consistently GrowingStrong Future Growth Opportunities by Adding Verticals: Opening over the Weekends and Extending Service HoursRepeat Clientele: 80% Overall Customer Quality: ExcellentInventory: $90,000 (approx.), included in the asking price (high-quality fast-moving products varieties)Lease Type: Property owned by the sellersCorner Commercial Property size 3,500 square footage (Owned) with 1.3 acre plus lot.Sellers Support & Training for Buyers for smoother transition: 4-6 WeeksSeller FInancing: Available for the eligible buyers.Proof of Funds reuqired: Upfront.Hours of operation: Monday - Friday: 7.30 AM-5.00PM, Saturday - Sunday: Closed.Reason for Sale: Owners RetirementBUSINESS & PROPERTY VALUES BREAKDOWN:Business is valued at $ 395,000.00Property value at $ 900,000.00 (approximately per conservative estimates and fresh appraisal can be obtained.)Total Sale Price: $ 1,295,000.00REVENUE AND GROWTH OPPORTUNITIES IN FUTURE• Revenue Growth Without 0 Dollar Marketing: Company is steadily performing for years without advertising, marketing digital or traditional, and digital marketing campaigns will add to the top and bottom-line performances to building up the revenues by adding new customers and services.• Opportunity for Sales Expansion: Significant growth opportunity by adding new customers, especially large commercial companies with sizeable fleets.-Offering of Services on the Weekends and Extending Weekdays Hours to commercial and retail customers.THE UNMATCHED TRANSWORLD VALUEThis ANNAPOLIS-AREA based company for sale is proudly offered by Transworld Business Advisors, the number one Business Advisory and Brokerage in the world. With local nationwide presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise with business values $ 500,000.00 to $ 50,000,000.00.A SIGNED CONFIDENTIALITY AGREEMENTBusiness Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me at Achaudhary@tworld.com. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.FOR INTERESTED SERIOUS PARTIES PLEASE Contact Aamer Chaudhary (CEO Transworld Business Advisors, Downtown Washington DC & Annapolis) using reply to this ad button.

Cash Flow $115,747
Revenue $730,091
$ Owner Financing Available

loading...
TOP â–²
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.