Hot Listing
30++YR OLD AUTO SHOP BUSINESS in Annapolis NETS $93,000!!!!!
Business Description
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 and equipped with state of the art leasehold improvements. This business is a super turnkey opportunity at a great location with low rent and also operates as a certified Maryland State Inspection Station.
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 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
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 $50,000 worth of mostly new and some dated equipment (e.g., new lifts, lights, compressor, welding capability, etc.) and inventory, all in good working order, allowing the new owner to hit the ground running and fully operate a successful business.
Seller financing is available: For good buyers only.
REASON FOR SELLING:
Owner is retiring after 30+ years of Owning and Operating the business. The owner will stay on to help through transition and wants to make sure the Buyer is successful with introductions to new income streams.
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
ATTENTION BUSINESS OWNERS
We represent prequalified buyers/clients that are very interested in buying all types of businesses. 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.
CONTACT US
FOR INTERESTED PARTIES PLEASE CALL:: Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown DC, Annapolis & Baltimore) at Cell (443) 968-1411, (202)-509-3739, (202)-461-2204, (703)-457-0362 or email at achaudhary@tworld.com for more details and we shall respond to you.
Well-Established full service auto repair shop has a sterling reputation for quality repair, honest prices and great customer service and equipped with state of the art leasehold improvements. This business is a super turnkey opportunity at a great location with low rent and also operates as a certified Maryland State Inspection Station.
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 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
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 $50,000 worth of mostly new and some dated equipment (e.g., new lifts, lights, compressor, welding capability, etc.) and inventory, all in good working order, allowing the new owner to hit the ground running and fully operate a successful business.
Seller financing is available: For good buyers only.
REASON FOR SELLING:
Owner is retiring after 30+ years of Owning and Operating the business. The owner will stay on to help through transition and wants to make sure the Buyer is successful with introductions to new income streams.
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
ATTENTION BUSINESS OWNERS
We represent prequalified buyers/clients that are very interested in buying all types of businesses. 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.
CONTACT US
FOR INTERESTED PARTIES PLEASE CALL:: Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown DC, Annapolis & Baltimore) at Cell (443) 968-1411, (202)-509-3739, (202)-461-2204, (703)-457-0362 or email at achaudhary@tworld.com for more details and we shall respond to you.
About the Business
- Years in Operation
- 32
- Employees
- 4
- Currently Home Based
- Yes
- Facilities & Assets
- Lease Terms Options: NNN
FF&E Overview: Excellent.
FF&E General Condition: State of the art and well maintained FF & E good to go for next 10 years. - Market Outlook / Competition
- Limited since there is no other such business in 1 mile radius. Also, there are not many auto businesses in their area. It is not easy to find a suitable leasing place therefore the s entry in this industry is not easy for new entrants. One of the oldest and best established Automotive Repair facilities in the area hence low competition.
- Opportunities for Growth
- Strong due to the following compelling reasons:
- Population growth
- Digital marketing
- Adding more hours in services
- Extending weekdays hours and opening on weekends
- Hiring more staff to grow the business
Room to expand the building Room to expand the business Road frontage on major road meaning tripling in revenue and profits sizes in the next 5 years under the wiser new owner.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $2,400.00 per month
- Lease Expiration
- 5/10/2031
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 4
- Financing Options
- Owner Terms:$225,000.00 Interest:6% Term Months:48 Monthly Payment:$5,051.00
Listing Info
- ID
- 2293676
- Listing Views
- 2322
Listing ID: 2293676 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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