Listing Number: 090122-480168
Description
** UPDATE: Business location is now a certified Maryland State Inspection Station. **
TURNING WRENCHES INTO TURNING PROFITS
Well-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. With an excellent condition exterior of paint, new doors, new lift, new windows, landscaping, HVAC and signage - you get 30 years established business with like a new appearance.
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 service
REVENUE 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 price
SERVICES & OFFERINGS
- General Repair
- Electrical Diagnostics
- Preventative Maintenance
- Vehicle Inspections
- Brake Repair
- AC Repair
- Transmission Repair
- Diesel Repair
- Alignment
- Engine Repair and Swap
PROFITABILITY
- Long-term history of profitability and cashflow generation
- Consistent financial performance with ample room for growth through optimization and marketing
HOT 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 services
THE EDGEWATER FACTOR
Edgewater 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 OPERATIONS
Owner 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 ASSETS
Business 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 business
THE UNMATCHED TRANSWORLD VALUE
This 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 LOCATION
CONTACT US
Please call at (202)-509-3739, (202)-461-2204, (703)-457-0362 or email at [email protected] for more details.
ATTENTION BUSINESS 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. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
Listing Details
- Price: $350,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $130,370
- Total Sales: $398,150
- Location: Anne Arundel County, Maryland
- Inventory: $60,000
- FF&E: $150,000
- Employees: 3
- Year Established: 1993
- Reason for Selling: Retirement
- Category: Automotive
Contact Agent:
- Aamer Chaudhary
- Phone: (202) 509-3739
- Email: [email protected]
