Auto Repair Shop for Sale in MD

Baltimore County, MD

Seller Financing Available

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Asking Price:$750,000
Gross Revenue:$690,226
FF&E:$85,000
Cash Flow:$246,130
Inventory:$15,000
Established Year:1994
BUSINESS DESCRIPTION

LISTING ID # 33923

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!


DETAILED INFORMATION
Location
Baltimore County, MD
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
375,000.00 Down & Balance financed at 4.5% over 48 months to a qualified buyer.
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested Business Brokers, Ltd