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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,automotive dealers/ auto retail,business with property available,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 auto repair shop. Nestled on the corner of a popular busy area near I-695 in Baltimore, MD this 5,000 square foot business has multiple income streams in the auto service industry. The auto repair location has a customer data base of over 30,000 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 and empty space that can be utilized as a new spray paint booth or 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, -Uhaul towing truck and equipment rental -Intoxalock Ignition 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! Please call broker: Stephen Copeland at 972-876-2677 to schedule and arrange a visit. Only Registered Premium Buyers may schedule an actual visit to the disclosed location.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.