SBA Approved, 60 Yr-Old Auto Shop w Prime Corner RE NETS$115K!!!

St Marys County, MD

Seller Financing Available

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Asking Price:$1,295,000
Gross Revenue:$730,091
FF&E:$100,000
Established Year:1960
Cash Flow:$115,747
Inventory:$90,000
Real Estate:$875,000
BUSINESS DESCRIPTION

Well-Established 5 BAYS 6 LIFTS Auto Repair & Tire Shop with Real Estate in Maryland!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

This Mainstream Automotive Repair Biz has Roots that Stretch back 60 Years and has a Loyal Customer Base to prove it, OFFERS TRUE VALUE TO THE RIGHT BUYER/S!!!!!!!!!!!

TOP NOTCH CUSTOMERS REVIEWS
With reviews with average rating 4.7 and over 2,900 LOYAL customers base in their database, this business has been providing full range of auto services successfully for decades.

MISSION STATEMENT
Company's long-term mission is, "to provide trustworthy, quality automotive repair and tires sales services at the best price in town to keep the customers totally satisfied with full sense of respect."

STATE OF THE ART FACILITY WITH LARGE LOYAL CUSTOMERS BASE
They are one of the leading auto repair shops serving customers in lucrative marketplace covering Lexington Park, MD, Great Mills, MD, and surrounding areas offer a promising opportunity for an ambitious owner-operator. The business boasts a solid customer base of approximately 2,900 clients of commercial and retail categories and has recently expanded its shop to a total of 3,500sqft with the addition of a fifth service bay, further enhancing its capacity. Currently, it supports 5 bays, 6 lifts, and 3 mechanics, unlocking to create a promising future business prospects. It provides all standard automotive repair and mechanic services for most Domestic and International-made vehicles. The buyer/s can take it to the next level with a perfect commercialization strategy, if they know how to do.

The business has a longstanding reputation for quality repairs. Whether customers need routine auto maintenance services or necessary car repairs, services are both offered by online or visits during business hours. Coupled with the highest quality repairs, service and fair price, this virtually guarantees that the customer will return in the future. Company continues to offer tires for light trucks, passenger cars, and SUVs from top brands such as Hercules, Michelin, Pirelli, Dunlop, Hankook, Toyo, Goodyear, Cooper, Bridgestone, Continental, General Tire and many others to perfectly meeting customers' needs. They are selling both new and used tires. They are well known as the only shop in the area that can handle large vehicle alignments for offering superior service standards that show that they always have the best interests in customers' happiness and piece of mind.

To maintain consistent high-quality services and products, Promoters and Mechanics strive to ensure that services are performing at its very best before vehicles leave one of the service bays.

LOCATION IS THE MASTER KEY
This long successful business sits on a prime 1.3 acres of property zoned for automotive on a busy 4-lane road with daily average traffic count of over 5,000 vehicles and the address that leads traffic directly to and from the strategic Naval Air Station Patuxent River.

HIGH QUALITY FULL SERVICE REPAIRS OFFERED AT COMPETITIVE PRICES PER BELOW:
-Axle, CV Joint & Driveshaft Repair
-Brake Repair
-Climate Control Systems
-Cooling System Repair
-Electrical and Electronic Systems
-Engine Diagnostics and Performance
-Exhaust System Repair
-Lube, Oil & Filter Change
-Preventive Maintenance
-Starting, Charging & Batteries
-Steering and Suspension System
-Tire Pressure Monitoring System (TPMS)
-Tire Services
-Transmission Service
-Wheel Alignment

KEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND:
Sales up 14% and are projected to be increasing between 11-14 by the year end.

FINANCIAL & BUSINESS HIGHLIGHTS 2023
Sales: $730,091.00
Net Margins: 17.28 %+/-.
Sellers Discretionary Earnings: $ 115,747.00
Past 3 years Average SDEs: $ 120,000.00
Yearly Revenue and Profit Trends: Consistently Growing
Strong Future Growth Opportunities by Adding Verticals: Opening over the Weekends and Extending Service Hours
Repeat Clientele: 80% +
Overall Customer Quality: Excellent
Inventory: $90,000 (approx.), included


DETAILED INFORMATION
Location
St Marys County, MD
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
It has been established as a family run business for over 60 years at the very same spot.
Competition
There is no other auto shop concept as unique as this business and as high quality as this in the radius of 5 miles. The owners have built a power network of connections with the customers in the area through personalized services and excellent relationships. The busienss is located directly off the highway that accesses the surrounding towns and shopping areas. Always busy.
Growth & Expansion
Biggest future growth opportunities are: - Offer services by targeting businesses, schools, educeducational institutions, goverments agencies, in the area. - Weekdays hours of operations can easily be extended from 9 am to 10pm (including 24/7 services) to meet the needs of the market as well as for the weekends - Add lottery machines - Grow digital marketing platforms and campaigns to attract younder customers - Build a strong online presence (website), social media initiative and aggressively marketing the business may increase sales by 15-20%.
Financing
Owner Financing Amount $300,000.00 Owner Financing Interest 9% Owner Financing Terms
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Aamer
Chaudhary
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Aamer Chaudhary