Services - Auto Repair, Parts & Svcs | Services - Miscellaneous Repair

Asking Price	$350,000	Inventory
Gross Income	$780,000	Real Estate	$350,000**
Cash Flow	$145,000	Year Established	1992
FF&E	$100,000*	Employees	5

* included in the asking price

** not included in the asking price

Successful, well established automotive repair business located in Anne Arundel County, with excellent access to all major roads. Everything is very clean and in tip top condition. Considerable growth potential with new business and residential construction currently underway in vicinity. Approximately 1618 sf available for sale, asking $350,000 - this is not in the business price - or, Seller willing to enter into a lease with purchaser. Seller leases two other bays with approximately 3,200 sf making the total shop approximately 4,800 sf. Seller will consider selling associated car rental business with this business. Ask for details.

Facilities: 3 Large service areas with 7 lifts and 4 flat stalls, high quality office area totaling approx 4,800 s.f., all in very good condition. . Professional grade equipment and tools. All office equipment, client list, computer diagnostics, etc. will convey. Seller will sell the owned real estate and is asking $350,000 or will negotiate a lease with purchaser. Seller will consider selling other rental business with this business.

Competition: Very few approved or approvable automotive locations in this part of Anne Arundel County increases the value of this business. Located near major roads with easy access, and is perfect for efficient road tests.

Growth/Expansion: Seller believes with more advertising and service technicians the business can grow further. Significant new development (over 700 residential units and large retail & commercial) is currently underway within a few mile radius of location increasing business potential substantially.

Financing: Seller will provide

Support/Training: Seller willing to stay on with reasonable salary and insurance up to 2 years, and has highly skilled and experienced technicians who also communicate directly with customers willing to stay. Office support staff also willing to remain.

Reason Selling: Owner has other interests