A Major National Brand Automotive Service Center

Bowie, MD (Prince Georges County)

Main Building 1
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Asking Price: $275,000

Cash Flow: $115,000

Gross Revenue: $680,000

EBITDA: $115,000

FF&E: $100,000

Inventory: $20,000

Rent: $6,500 /Month

Established: 2000

A Major National Brand Automotive Service Center

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Business Description

Precision Tune in Great Location, No Automotive Experience Needed

This Precision Tune Auto Care Center is located adjacent to a large shopping mall in highly visible, high traffic count (50K per day), commercial area in Bowie, MD. It is a part of a major national automotive conglomerate (a Carl Ichan holding), with great financial & marketing resources. Established in 2000, it has built a very good reputation, serving a large base of loyal clientele (Google rating of 4.7 of 5). With the support of the franchiser and a stable, well-trained staff, it is perfectly suited for entrepreneurs with or without automotive experience. Brokers welcome.

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Detailed Information

Location:
Bowie, MD
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,288
Lease Expiration:
4/30/2024
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
It is a very well equipped spacious auto repair business with six bays, six lifts, alignment machine, tire changer, tire balancer, AC machine & a variety of diagnostics equipment.
Competition:
Very limited competition due to zoning restrictions
Growth & Expansion:
After months of effort, the current owner successfully implemented a state safety inspection program at the end of Oct 2018, which is having an immediate impact. Once fully implemented, state inspections are expected to increase annual sales by $100,000 at a minimum. There are several other growth opportunities such as fleet accounts & Repair Pal that the new operator could pursue with the assistance of the franchise company. The current owner is a sole operator with very limited time & has been unable to implement these proven programs as of yet
Support & Training:
The current owner & the franchise company will be available for transition & training.
Reason for Selling:
Retirement & travel distance
Franchise:
This business is an established franchise
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Business Listed By:
Victor Kim

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