Phone: (301) 215-9288
Price: $640,000
Location: Montgomery County, MD
Industry: , Automotive Repair Services
Listing ID: Montgomery-MZ Auto 669
This is one of the most successful and attractive auto repair services with 46 years of history. The revenue has been growing nicely since 2020. All loyal mechanics and employees are well trained and dedicated to high quality service. The business has served thousands of customers in their database. The business has 5 bays and 7 lifts nicely designed and accessible with high ceiling. They are the member of ASA with good standing. The business provide service to individuals, several companies with fleet vehicles account including car dealership, HVAC companies, construction, home improvement, and many more. Some private corporate account have around 100 fleet vehicles. The business has 35 parking space with additional on street parking. Average ticket is about $900.
Listing Details
Revenue: $1,525,000
Cash Flow: $265,000
EBITDA: $205,000
FFE: $128,000 (Included in Price)
Inventory: $10,000 (Included in Price)
Reason For Sale:
Owner would like to enjoy his retirement with family
Training & Support:
currently the business is closed on Saturday and Sunday, keeping business open on Saturdays may grow the revenue. Also, more marketing and advertising may help to grow the revenue to new level.
Operation
Year Established: 1976
Year of Last Acquisition: 2008
Days & Hours of Operation: Mon-Friday 7:30am-6:00pm, closed Sat and Sun
Employees: 4
Location
Monthly Rent: $8219
Type of Location: Free standing
Square Footage: 7500
Facilities Information:
The business is located in corner location with excellent visibility. The reception and customer service area is nicely designed and it is extremely attractive. There are 35 parking space in the lot and many more on street parking. The business has lots of equipment and all are included in asking price.
Summary
Competition:
The business has several decade of success history with thousands of happy individual and private corporate customers. Montgomery County and Rockville area have been booming and number population growth, new commercial and residential construction have been in progress.
Potential Growth:
currently the business is closed on Saturday and Sunday, keeping business open on Saturdays may grow the revenue. Also, more marketing and advertising may help to grow the revenue to new level.
(Mike) Majid Zarinbaksh, MBA, CBI, M&AMI
majid@sunbeltnetwork.com
(301) 215-9288
Address:
7735 Old Georgetown Rd., Suite 910
Bethesda, MD 20814