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Anne Arundel County, Maryland
WELL-KNOWN, 30+YR OLD AUTO SHOP in Annapolis NETS $127K!!!
Asking Price
$275,000
Revenue
Call/Email
Down
$75,000
Cash Flow
Call/Email
Name: Aamer Chaudhary
Name
Aamer Chaudhary
Description
Well-Established full service auto repair shop has a sterling reputation for quality repair, honest prices and great customer service and equipped with state of the art leasehold improvements.
This business is a super turnkey opportunity at a great location with low rent and also operates as a certified Maryland State Inspection Station.
Overall 4.9 Star Google Review rating verifies that you get a 30 years old established business with like a new appearance and a promising future. Top notch 3-bay automotive shop in Anne Arundel County Maryland services foreign and domestic vehicles.
KEY HIGHLIGHTS:
ESTABLISHED LEGACY & TRUST - Family owned business over three decades, 30+ years of operating history - Tradition of excellence, integrity and high-quality service
REVENUE STREAMS - 30-40% from routine repairs works services - 60-70% from high-margin, specialized jobs (Engine, Transmission, Electrical, Suspension work) HIGH-MARGIN - Average Repair Order (ARO) 26% above market price - AVERAGE JOB ORDER $ 900+.
SERVICES & OFFERINGS - General Repair - Electrical Diagnostics - Preventative Maintenance - Vehicle Inspections - Brake Repair - AC Repair - Transmission Repair - Diesel Repair - Alignment - Engine Repair and Swap
PROFITABILITY - Long-term history of profitability and cashflow generation - Consistent financial performance with ample room for growth through optimization and marketing
HOT LOCATION - Strategically positioned in a high-visibility main street in Edgewater, Maryland.
SPECIALIZATION - Advanced diagnostics and complex repairs other shops can’t handle - Growing demand due to longer vehicle ownership periods, necessitating more complex maintenance and repairs - Increased complexity of modern vehicles boosts demand or sophisticated diagnostic services
LIMITED HOURS OF OPERATIONS
Owner keeps his business closed over the weekends in spite of great demand in the area because of his lifestyle however the new owner can extend the hours on weekends and open the business for weekends that will be a booster shot for the sales and profits. Tons of lucrative customers need services on the weekends. Team is highly skilled and willing to stay on with the new owner.
HIGH-VALUE TANGIBLE ASSETS Business will come with over $150,000 worth of mostly new and some dated equipment (e.g., new lifts, lights, compressor, welding capability, etc.) and inventory, all in good working order, allowing the new owner to hit the ground running and fully operate a successful business.
Seller financing is available: For qualified buyers with good credit only.
REASON FOR SELLING: Owner is retiring after 30+ years of Owning and Operating the business. The owner will stay on to help through transition and wants to make sure the Buyer is successful with introductions to new income streams.
THE UNMATCHED TRANSWORLD VALUE
This long successful business for sale is proudly offered by Transworld Business Advisors, the world's leader in marketing and selling businesses. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle-market business owners and buyers with M&A transaction expertise helping them buy or sell businesses coast to coast and across the globe.
A SIGNED CONFIDENTIALITY AGREEMENT & PROOF OF FUNDS IS REQUIRED FOR THE EXACT LOCATION ATTENTION BUSINESS OWNERS
We represent prequalified buyers/clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future. Our buyers are already qualified and willing to invest their time and money in a business like yours.
All communications are kept STRICTLY CONFIDENTIAL.
CONTACT US FOR INTERESTED PARTIES PLEASE CALL:
Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown DC, Annapolis & Baltimore) at Cell (443) 968-1411, (202)-509-3739, (202)-461-2204, (703)-457-0362 or email at achaudhary@tworld.com for more details and we shall respond to you soon.
Strong due to the following compelling reasons:
- Population growth
- Digital marketing
- Adding more hours in services
- Extending weekdays hours and opening on weekends
- Hiring more staff to grow the business
Room to expand the building Room to expand the business Road frontage on major road meaning tripling in revenue and profits sizes in the next 5 years under the wiser new owner.
https://tworld.com/locations/Maryland/dcdowntown/listings/WELL-KNOWN-30YR-OLD-AUTO-SHOP-in-Annapolis-NETS-127K-
Business Details
Year Established:
1993
Employees:
3
FE&E:
$150,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Expiration:
05/10/2031
Lease Options:
$2,400
Other Information
Listing Number:
090122-480168
Sales:
$317,760
Seller's Discretionary Earnings:
$127,091
Inventory:
$10,000
Posting Information
Posting ID:
ID tw:78104 / Listing Number 090122-480168
Business Category:
Automotive
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
WELL-KNOWN, 30+YR OLD AUTO SHOP in Annapolis NETS $127K!!!
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*78104
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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WELL-KNOWN, 30+YR OLD AUTO SHOP in Annapolis NETS $127K!!!
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