Listing Number: 090122-388782
Description
Well-Established Auto Repair & Tire Shop with Real Estate in Maryland!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This Mainstream Automotive Repair Biz has Roots that Stretch back 60 Years and has a Loyal Customer Base to prove it, OFFERS TRUE VALUE TO THE RIGHT BUYER/S!!!!!!!!!!!
TOP NOTCH CUSTOMERS REVIEWS
With reviews with average rating 4.7 and over 2,900 LOYAL customers base in their database, this business has been providing full range of auto services successfully for decades.
MISSION STATEMENT
Company's long-term mission is, "to provide trustworthy, quality automotive repair and tires sales services at the best price in town to keep the customers totally satisfied with full sense of respect."
STATE OF THE ART FACILITY WITH LARGE LOYAL CUSTOMERS BASE
They are one of the leading auto repair shops serving customers in lucrative marketplace covering Lexington Park, MD, Great Mills, MD, and surrounding areas offer a promising opportunity for an ambitious owner-operator. The business boasts a solid customer base of approximately 2,900 clients of commercial and retail categories and has recently expanded its shop to a total of 3,500sqft with the addition of a fifth service bay, further enhancing its capacity. Currently, it supports 5 bays, 6 lifts, and 3 mechanics, unlocking to create a promising future business prospects. It provides all standard automotive repair and mechanic services for most Domestic and International-made vehicles. The buyer/s can take it to the next level with a perfect commercialization strategy, if they know how to do.
The business has a longstanding reputation for quality repairs. Whether customers need routine auto maintenance services or necessary car repairs, services are both offered by online or visits during business hours. Coupled with the highest quality repairs, service and fair price, this virtually guarantees that the customer will return in the future. Company continues to offer tires for light trucks, passenger cars, and SUVs from top brands such as Hercules, Michelin, Pirelli, Dunlop, Hankook, Toyo, Goodyear, Cooper, Bridgestone, Continental, General Tire and many others to perfectly meeting customers' needs. They are selling both new and used tires. They are well known as the only shop in the area that can handle large vehicle alignments for offering superior service standards that show that they always have the best interests in customers' happiness and piece of mind.
To maintain consistent high-quality services and products, Promoters and Mechanics strive to ensure that services are performing at its very best before vehicles leave one of the service bays.
LOCATION IS THE MASTER KEY
This long successful business sits on a prime 1.3 acres of property zoned for automotive on a busy 4-lane road with daily average traffic count of over 5,000 vehicles and the address that leads traffic directly to and from the strategic Naval Air Station Patuxent River.
HIGH QUALITY FULL SERVICE REPAIRS OFFERED AT COMPETITIVE PRICES PER BELOW:
-Axle, CV Joint & Driveshaft Repair
-Brake Repair
-Climate Control Systems
-Cooling System Repair
-Electrical and Electronic Systems
-Engine Diagnostics and Performance
-Exhaust System Repair
-Lube, Oil & Filter Change
-Preventive Maintenance
-Starting, Charging & Batteries
-Steering and Suspension System
-Tire Pressure Monitoring System (TPMS)
-Tire Services
-Transmission Service
-Wheel Alignment
KEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND:
Sales up 14% and are projected to be increasing between 11-14 by the year end.
FINANCIAL & BUSINESS HIGHLIGHTS 2023
Sales: $730,091.00
Net Margins: 17.28 %+/-.
Sellers Discretionary Earnings: $ 115,747.00
Past 3 years Average SDEs: $ 120,000.00
Yearly Revenue and Profit Trends: Consistently Growing
Strong Future Growth Opportunities by Adding Verticals: Opening over the Weekends and Extending Service Hours
Repeat Clientele: 80% +
Overall Customer Quality: Excellent
Inventory: $90,000 (approx.), included in the asking price (high-quality fast-moving products varieties)
Lease Type: Property owned by the sellers
Corner Commercial Property size 3,500 square footage (Owned) with 1.3 acre plus lot.
Sellers Support & Training for Buyers for smoother transition: 4-6 Weeks
Seller FInancing: Available for the eligible buyers.
Proof of Funds reuqired: Upfront.
Hours of operation: MON-FRI: 7.30 AM-5.00PM, SAT-SUN: Closed.
Reason for Sale: Owners Retirement
BUSINESS & PROPERTY VALUES BREAKDOWN:
Business is valued at $ 395,000.00
Property value at $ 900,000.00 (approx. per conservative estimates and fresh appraisal can be obtained.)
Total Sale Price: $ 1,295,000.00
REVENUE AND GROWTH OPPORTUNITIES IN FUTURE
• Revenue Growth Without 0 Dollar Marketing: Company is steadily performing for years without advertising, marketing digital or traditional, and digital marketing campaigns will add to the top and bottom-line performances to building up the revenues by adding new customers and services.
• Opportunity for Sales Expansion: Significant growth opportunity by adding new customers, especially large commercial companies with sizeable fleets.
-Offering of Services on the Weekends and Extending Weekdays Hours to commercial and retail customers.
THE UNMATCHED TRANSWORLD VALUE
This ANNAPOLIS-AREA based company for sale is proudly offered by Transworld Business Advisors, the number one Business Advisory and Brokerage in the world. With local nationwide presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise with business values $ 500,000.00 to $ 50,000,000.00.
A SIGNED CONFIDENTIALITY AGREEMENT
Business Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me at Achaudhary@tworld.com. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
FOR INTERESTED SERIOUS PARTIES PLEASE CALL Aamer Chaudhary (CEO Transworld Business Advisors, Downtown Washington DC & Annapolis) AT OFF: +1 (202)-461-2204 OR CELL: +1 (202)-509-3739 or +1(703) 457-0362.
Listing Details
- Price: $1,295,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $115,747
- Total Sales: $730,091
- Location: St. Mary's County, Maryland
- Inventory: $90,000
- FF&E: $100,000
- Employees: 4
- Year Established: 1960
- Reason for Selling: Retirement
- Category: Automotive
