Services - Auto Repair, Parts & Svcs

Asking Price	$99,000	Inventory	$80,000**
Gross Income	$400,000	Real Estate
Cash Flow	$80,000	Year Established	1986
FF&E	$150,000*	Employees	3

* included in the asking price

** not included in the asking price

This is a very established business that for years specialized only in repairing Mercedes and BMW's. Has excellent 6 years lease at below market rent, very clean and recently remodeled and repainted. Space is 3,000 sq. ft which includes 6 parking spaces. Seller is retiring, his son would be open to staying on. Very difficult to find auto shop space, especially in this particular area of Montgomery County. You can walk to Metro from the shop or drop your car and do some retail shopping. Lot's of office condos. I don't believe that you could open up your own shop for less than we what we're asking at $169K. Price is negotiable, seller will offer owner financing to a qualified purchaser. SPACE ALSO HAS A NEW U/O PERMIT FOR AUTO USE.

Facilities: 3,000 sq ft. Recently remodeled, with large manager's office, 2 bathrooms freshly painted. Established business in turn-key condition. Email mike@saedlogroup.com for a detailed package.

Competition: Competition is in the area. This business has been 23 years established with nearly 2,000 satisfied customer's names available for a mailing list. Shop specializes in German cars, but can service any model.

Financing: Yes, to be determined.

Support/Training: Yes, owner would stay on long-term or would leave shortly after the settlement.

Reason Selling: Retiring after 23 years.