Motivated Seller, Asset Sale – Automotive Repair

Not Disclosed, MD
Anne Arundel County


Asking Price: Annual Revenue:
$160,000 Not Disclosed

Automotive & Boats: Auto & Truck Repair & Service


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RE: Motivated Seller, Asset Sale – Automotive Repair Broker: Steve Palmer

Quick Facts

Asking Price: $160,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $105,000
Total Debt: Not Disclosed
FF&E: $61,300
Real Estate: Not Disclosed
Year Established: 1983
Employees: Not Disclosed
BBN Listing #: 137862708
Broker Reference #: 3122021-758664

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Business Overview:

Until struck by a natural disaster, this thriving automotive repair business serviced customers in the greater Annapolis area. After being forced to shut down in September, the owner is choosing instead to look to other ventures instead of re-opening, making this a great opportunity for a local repair shop to cost-effectively grow their book of business/add or refresh equipment or an entrepreneurial-minded mechanic looking to start their own shop.

A description of the assets includes:

- Active customer list of 3,000 repeat customers (as of September 2021)
- Snap on Zeus diagnostic center with monitor station.
- Hoffman 4 Wheel alignment computer with infrared tower.
- Two 9000 lb. lifts.
- Computer tire balancer.
- Corghi Tire machine.
- Wheel weight cabinet.
- Branik strut compressor.
- R-134 A/C charge recycle station.
- Matco air compressor.
- Snap on Smoke machine.
- Individual machines to flush Transmission, Coolant, Power Steering, and Fuel Induction.
- Maryland state inspection tool set.
- Other miscellaneous tools, jacks, and other small equipment
- Miscellaneous Office computers, equipment and furniture.

Family owned and operated for over 35 years.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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