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Business for Sale Summary

Auto Repair Shop for Sale in MD - 33923

Business Type: auto body/collision repair,auto/truck mechanical repair,business with property available,misc. service/non-classifiable,other personal services,owner financing available,repair services,auto repair
Owner Financing
Auto Repair Shop for Sale in MD
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Financial Information (non-confidential)

General Information
Asking Price $750,000 Down Payment $375,000
Gross Revenues $690,226 Lease Remaining Register Free to View
Owner’s Cash Flow $246,130 Number of FT Employees Register Free to View

Financing

$375,000 Down and Balance financed at 4.5% over 48 months to a qualified buyer.

Business Description

Established 30-year-old Auto Repair Shop. This 5,000 square foot business has multiple income streams in the auto service industry. The auto repair location has a customer database of over 10,000 retail and commercial customers, containing three separate garages, with two auto services bays in each area, for a grand total of six (6) large bay auto service centers. Adjacent to the repair shop area is a clean auto body shop area to provide auto body repairs, spray paint booth, and auto detailing center for extra profits. The company location is ideal for a vehicle/auto body repair enthusiast. The location also has additional profit streams listed to generate additional revenue -MD MVA certified inspection station, -MD MVA approved tag and title services, towing truck and equipment rental, Interlock service. The total asking price for auto repair shop operations and equipment: $750,000. Monthly rent price is $7,000 per month. Real estate is available for sale and sold separately. The real estate is not by Vested Business Brokers. Seller Financing is available by the owner with a 50% down payment of $375,000 at 4.5% interest rate for 48 months for the business operations. Owner is retiring! Only Registered Premium Buyers may schedule an actual visit to the disclosed location.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.