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The Wall Street Journal Online

Auto Body shop with property

Washington Dc Metro, Maryland (Montgomery County)

Seller Financing Available

Photo Available
Asking Price:
$4,299,990
Gross Income:
$2,536,000
Cash Flow:
$250,000
FF&E:
$275,000.00 *
Inventory:
$100,000.00 *
Real Estate:
$2,500,000.00 *
Year Established:
1894
Employees:
12
Business Types:
Auto Repair, Parts & Services
Miscellaneous Retail

* included in the asking price

Business Description

Hi production auto body shop and auto repair facility. Too much equipment to list, large prep area, new state of the art drive thru paint booth, reassembly shop, and mechanical shop with Md. State Inspection.
Highly populated area few less than one mile from downtown Rockville and Metro Center. Very profitable. Tremendous growth potential. Owner has reached his confort level years ago and now ready to retire. This is a rare opportunity to buy a stable business with the property. Low risk investment for any buyer or investor. Ideal for a Dealership body shop facility, Partnership, or high energy individual, which can run this business and take it to it s next level. High profits are significant. Plus, you have plenty of room to expand. Two condo units 3,000sf are being used to store junk parts. Property also may be used for many other investment projects.

Detailed Information

Facilities:
40,819 sq ft: parcel w/ 13,700sf structure 9 individual condo units. Two new rear secutity fenced in parking lots and front parking for over 100 cars! O
Competition:
Competitive business has plenty of drps
Growth/Expansion:
Unlimited growth! Seller has been a comfort level for several years now. He is retirement age and very motivated
Financing:
No seller financing
Support/Training:
Seller will train buyer -management in place
Reason Selling:
Seller retiring and has health problems
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Jorge E. Portalea

Jorge E. Portalea
Washington Metropolitan Business Brokers

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Ad#: 676795

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