Auto body and repair shop and mechanic

Baltimore, MD
Asking Price:$40,000
Inventory:$100,000
Established Year:2018
Gross Revenue:$800,000
Rent:$5,015.02/Month
BUSINESS DESCRIPTION

Auto body repair and Paint shop

3.5 years left on my lease contract. If someone is interested in taking over, the landlord is amenable to extending the lease for additional years. and the spaces SQF is 5000Sq.
***my shop due to a necessary move to a different location. Unfortunately, I can’t afford to pay rent for two shops, so I’m looking for a new owner who can continue the legacy.*****

Here are the pertinent details regarding the current lease and associated costs:
CAM Charge: $1,077.09
Real Estate Tax Estimate (July): $717.02
Gross Potential Rent: $5,015.02
Total Monthly Expenses: $6,809.13

Our annual income ranges between $750,000 to $850,000, making this a viable business opportunity for the right person.

Dear Interested Parties,
I wanted to inform you of a current opportunity regarding my lease contract, which includes equipment. If you are able to provide $30,000 and can act quickly, you may be able to take over the lease before another interested individual has a chance to secure it.
Please note that there is a lease transfer fee of $2,500 payable to my landlord's attorney.

If you have any questions or need further details, feel free to reach out.

Please note that I will be taking my name brand with me, as this is strictly a lease transfer.

Shop Equipment includes:

1. Paint booth and system
2. 2 of 10,000 LB Lifts
3. New Snap-On air compressor with 80-pound capacity and airlines
Three offices and a paint mixing room
This is a great opportunity for someone wanting to start an easy business and eventually expand to a larger shop.


DETAILED INFORMATION
Location
Baltimore, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
08/03/2028
Employees
6
Facilities
Our annual income ranges between $750,000 to $850,000, making this a viable business opportunity for the right person. Please note that I will be taking my brand with me, as this is strictly a lease transfer. Shop Equipment includes: Paint booth and system 10,000 LB Lift New Snap-On air compressor with 80-pound capacity and airlines Three offices and a paint mixing room This is a great opportunity for someone wanting to start an easy business and eventually expand to a larger shop.
Financing
Please contact me
Reason for Selling
I'm planning to sell a shop because I'm opening another one and won't be able to

BUSINESS LOCATION
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Brian Park
Brian Park