Phone: (301) 215-9288
Price: $736,000
Location: Prince Georges
Industry: Automotive, Automotive Services
Listing ID: Montg-Auto SPG
The business itself was established over 25 years ago, with the current ownership taking over 8 years ago. About 80% of the company’s customers are wholesalers, and around 20% are walk-in retail customers. The Business enjoys an excellent reputation within the auto repair industry, with most of its business coming from long-term wholesale relationships. In addition to transmission services, the company provides a wide range of automotive repair services.
The current owners have decided to sell the business to retire and spend more time with family. The company maintains a database of hundreds of customers, the majority of whom are repeat clients. Most new customers are referrals from existing or past clients, a testament to the high quality of the company’s service and parts.
They have loyal, well-trained, and highly experienced team who have been with the company longtime. The facility features six service bays—five equipped with lifts and one ready for a new lift to be installed if needed.
Listing Details
Revenue: $1,669,000
Cash Flow: $336,000
EBITDA: $266,000
FFE: $75,000
Lender Pre-Qualified?: Yes
Form of Ownership:
Limited Liability Corporation
Reason For Sale:
Owner would like to retire and enjoy his time with family.
Training & Support:
Owner will provide support and training during transition period.
Operation
Year Established: 1995
Year of Last Acquisition: 8
Days & Hours of Operation: M-F 8:00am-5:30pm, Closed Sat and Sun
Owner Hours Per Week: 35-40
Employees: 5
Location
Security on Lease: 9000
Monthly Rent: 9000
Type of Location: Free Standing
Square Footage: 3600
Relocatable?: No
Facilities Information:
The operation occupies 3,600 square feet of building space on an 18,700-square-foot lot. The shop is located at main street level with excellent visibility from the main road.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814