Auto Repair - 50 Years of Vehicle Repairs Under Its Hood
Location: Maryland > Northern Anne Arundel County
Industry: Auto Related > Auto Body and Repair
Financials
Asking Price: $109,000
Gross Revenue: $300,000
Cash Flow: $100,000
Seller Financing: Seller will consider financing with a substantial down payment.
Business Summary
Owner is ready to move on this deal. It's a good time make an offer.
Family run auto repair business. Pride of ownership is the standard of this long standing business with well maintained equipment and clean facilities. Quality work results in word of mouth referrals. Steady income. Seller has a cooperative arrangement with other nearby repair shops to trade off repair work. The garage has been in the family for 50 years, and the current owner had been in charge for the last 25 years. Longevity is indicative of the caliber of the services provided.
About the Business
Year Established: 1957
Employees: 2 full time -
Facilities: A full complement of superbly maintained equipment and parts inventory will help the new owner quickly take over the reigns of this long standing business. Lease is currently $1,100/mo. Monday through Friday retail hours, no weekends. Located in an industrial park off a busy artery. List of equipment available.
Market Outlook and Competition: A rare gem... a family run auto repair business that has been successfully servicing its clientèle for half a century with minimal marketing in the local church circular only. Imagine the possibilities by adversing in more popular media, and adding Saturday hours.
About the Sale
Management Training and Support: Seller willing to remain for an agreed period of time to help with the transition.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:851813
Business Listed By
Name:Gregory Caruso
Company:Harvest Associates
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