Automotive Maintenance & Repair Facility

Not Disclosed, MD
Baltimore County

Southwest Baltimore County


Asking Price: Annual Revenue:
$450,000 $752,011

Automotive & Boats: Auto & Truck Repair & Service


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RE: Automotive Maintenance & Repair Facility Broker: Justin Sandridge

Quick Facts

Asking Price: $450,000
Annual Revenue: $752,011
Net Profit: Not Disclosed
Cash Flow: $165,090
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 4
BBN Listing #: 89834955
Broker Reference #: 2403-17130

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Business Overview:

This 14-year-old auto and truck repair facility is located in a 10,800-square-foot building in southwest Baltimore County. The business has two bay doors, and inside it has seven lifts. Long-term lease options are available until 2033. There is plenty of room for a buyer to take on more business and continue to grow the company.

The current owner has a service manager and three technicians in place. The owner does not work on vehicles but focuses most of his time on managing the company.

Half of the business revenue is derived from commercial fleet service the other half is from consumers. There is an excellent opportunity for a buyer to expand the fleet service accounts.

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Property Features and Assets:

The repair facility operates in a 10,800-square-foot building. There are two bay doors, and inside they have five asymmetrical lifts and two drive-on lifts. Two remaining five years options allow the business to operate at this location until 2033. Assets = $75,000

Market Competition and Expansion:

It is projected that interest rates will continue to rise, and the supply of vehicles will remain low. This economic change will cause car owners to hold onto their vehicles longer and get repairs done instead of purchasing a new car. The automotive repair industry will keep growing because of the increased demand for quick repairs. The company could easily continue to grow the business by acquiring more fleet accounts with local businesses. There is plenty of room to handle more work.

Reason for Selling:

Retirement.

Additional Details:

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

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