Mechanical Repair Business For Sale in British_columbia

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Full-service Auto Repair Shop

Location:British Columbia

Category:Mechanical Repair

Asking Price:$399,000

  • Sales revenue : $813,000
  • Net profit : $169,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Full-service Auto Repair Shop

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)

Other Information

  • Expansion: Business is currently operating well below earnings potential due to owner preference for smaller workforce.
  • Years Established: Over 50 Years
  • 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.
Pacific M&a And Business Brokers Ltd.
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