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Businesses For Sale > Business For Sale in Montgomery County, Maryland (MD)
Established & Reputable Auto Service & Repair Shop for sale in Montgomery County, MD
Montgomery County, Maryland (MD)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 275,000 |
$ 883,065 |
$ 184,722 |
Furniture and Fixtures Value:
$ 20,000 (included in the asking price)
Inventory Value:
$ 8,000 (not included in the asking price)
Business Summary:
Excellent opportunity to own a locally owned and operated business that has been serving the western Montgomery County market for the past 25 years. The shop is a full-service auto repair facility and also does collision repair, painting, and restoration work. The business employs a team of technicians and is well-known for reliability, competency, fair prices, and friendly service.
Over the years, the owners have prided themselves on being a true one stop shop for their customers by having a full-service garage that can perform virtually any service or diagnostic test. This commitment to service has allowed the business to cultivate a strong and loyal customer base. The clientele appreciates that the owners and employees are courteous and take the time to explain repairs in a clear and professional manner. The business does work with insurance companies to complete repair work for customers, but is not a DRP (direct repair facility) or under contract with any entity to perform insurance claim repairs.
The business has excellent historical financial performance along with reliable and consistent cash flow. The automotive repair and maintenance market has seen healthy growth over the past decade and this trend is forecasted to continue. There is no immediate competition in the area and western Montgomery County has seen a trajectory of high growth in recent years and this looks to continue into the future. The owners have decided to retire after a long and successful tenure of ownership. They want to ensure the business continues to thrive and that their customers are in good hands. Please don’t hesitate to contact us to learn more about this opportunity.
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| Year
Business was Established: 1998 |
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| Number of Employees:
4FT/1PT |
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| Facilities / Terms of Lease:
The repair shop is located in a small enclave in Western Montgomery County, Maryland. There are a number of other businesses in the immediate vicinity, but the surrounding area is largely residential. The 5,000 sq ft facility is leased for approx. $4,222/month. The facility is 5,000 sq ft with 4 lifts, alignment rack, drive-on frame machine, spray booth and all major equipment needed to operate the business. |
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| Potential
Growth/Expansion:
There is room for a new owner to grow and expand the business. The business does not have any real marketing in place as most business comes from referrals and word of mouth. A modest increase in advertising would help create awareness of the business and its services past the existing customer base. |
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| Competition:
The closest direct competitor is roughly 7 miles away. This shop is established in the area with a good reputation for providing quality service and competitive pricing that allows the business to stand out from its competitors. |
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| Owner
willing to train:
Sellers will provide necessary training and support. |
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| Reason for selling:
Owners are retiring. |
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Seller Reference Number: HZ523DZ
BusinessMart.com Listing Number: 298177 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Dustin Zeher
Horizon Business Brokers, LLC
703-910-7384
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