Business Overview:
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 square feet 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).
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Property Features and Assets:
Available in a Confidential Information Memorandum.
Market Competition and Expansion:
Business is currently operating well below earnings potential due to owner preference for smaller workforce.
Reason for Selling:
Pursuing Other Interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Documents:
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