Business Summary:
LISTING ID # 36277Are you an experienced mechanic/gas station owner seeking to expand your portfolio? Look no more!! Well established ASE certified auto repair shop/gas station with great name recognition for sale. Location boasts an average of 64,200 vehicles per day in traffic volume. Station pumps 40-65 gallons per day with a .10-.11 profit per gallon. Great opportunity to expand hours to capture more customers, as store is currently open from 8am – 8pm only. Sign visibility from the street could be a game changer. Seller has owned multiple repair shops with the same name since 1993 with an A rating on BBB and excellent online reviews. There are currently 2 FT employees, and all equipment is less than 5 years old. This is a full-service repair shop with all services except MD state inspections. New buyer can apply for state inspection license with an additional revenue potential of up to $500k per year! Shop has 2236 sq ft to include 3 service bays and a huge 1 acre back lot. Multiple established revenue streams to include: Certified U-Haul dealership currently operating 2 trucks generating 5-7k/month and lots of room to expand up to 10 trucks or more; Partnership with Car Shield-warranty/vehicle protection company provides revenue boost; Contract with Corporate repair companies for repairs needed brings 3-5 vehicles/month; MD lottery/scratch -offs; convenience store accepts EBT; Bitcoin machine owner rents space @ $150/month. Rent is $8500/month with 1.5 years left on the assignable lease. Buyer must meet landlord requirements with similar business experience and credit for approval. Landlord owns multiple full-service stations, so there are various expansion opportunities in the region for the right buyer. In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36277 for instant access to this business information.
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