MergerPlace

Highly Profitable Established

Maryland (Howard)


  • Asking Price: $1,100,000
  • Gross Income: $1,333,303
  • Cash Flow: $328,055
  • Real Estate: Not Disclosed
  • Inventory: $13,821
  • FF&E: $129,854
  • Listing ID: #207116
  • Established: 1999
  • Employees: 8 FT / 2 PT

Business Description

This automotive repair shop was established in the 1990's. The owners built their business from the ground up to a large, successful enterprise using community and family-based principles that place the customer first. With a solid business base fed by significant repeat and referral activity, this business is positioned for success well into the future. Given the minimal advertising/marketing efforts to date, there is solid upside potential for further growth.


Business Details

Primary Business Category: Transportation and Warehousing
Location: Maryland
County: Howard

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT / 2 PT

Financial Information

Asking Price: $1,100,000
Gross Revenue: $1,333,303
Cash Flow: $328,055
FF&E: $129,854
Inventory: $13,821
Seller Financing Available: Yes

Property Information

Facilities:

This repair shop has 5+ bays and 10+ lifts, fully stocked with operational tools. The shop is organized, clean and well-managed. Located in the heart of a safe, vibrant commercial and residential area and centrally located to major highway arteries. The facility is extraordinarily well positioned for easy access. The facility lease has two remaining 5-year extension options. Assignment requires Landlord approval.

Growth & expansion opportunities:

Expansion potential for additional sites. Many solid, growing communities in the business region and great growth to date with minimal advertising/marketing efforts.

Competition:

Moderate to high competitive environment in a thriving locale. This business has excelled by setting itself apart as the community's fair and honest automotive experts. With unwavering focus on the customer over the course of nearly two decades, these owners have developed a sustainable, dependable customer base with minimal advertising/marketing.

Reason for selling:

Retirement and relocation.

Support & Training:

Automotive Maintenance and Repair Preventative Automotive Maintenance Maryland State Inspection Brake Repair and Service Transmission Service Repair Emission Failure Repairs

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Michele Pouliot

Murphy Business Brokers