Full-Service Auto Repair Shop
AutomotiveFor Sale in Metro Vancouver, CAN
Financial & Assets Details
About the Business
Business Description
This auto repair shop is located within one of the fastest growing regions in the Lower Mainland. The building is owned by the current owner and the sale will come with a new 5-year lease (with option to renew).
With a shop over 6,000 sq. ft. and staffing level at less than half what the shop could handle, the opportunity is ripe for growth.
The Company also provides A/C service and repair, tire supply, mounting and balance, and is a registered provincial inspection facility.
Business Asking Price: $399,000
Type of Sale: Share Sale
Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $36,000 (Inclusive of Inventory)
Growth & Expansion
Business is currently operating well below earnings potential due to owner preference for smaller workforce.
Market Competition:
Available in a Confidential Information Memorandum.
Location Details:
Available in a Confidential Information Memorandum.
Support & Training
The Vendor will provide an agreed period of training and transition to the new owner.
Reason for Selling:
The Vendor will pursue other interests.
