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Auto Dealership Used And Second Hand Vehicles In Vancouver For Sale

Vancouver, British Columbia, Canada
Asking Price:
$750,000 (CAD)
Sales Revenue:
$2,650,000 (CAD)
Cash Flow:
$350,000 (CAD)

* Uniquely Positioned in the North Shore
* Over 23 years of Experience by the current owner
* Great Lease (will be transferred) - 5 year plus 5 year extension
* Around 6,000 Sq Ft
*Average Turnover of around 20 to 30 cars per month
* Seller willing to stay and train - or - Act as the buying manager
* Available Licenses:
** Wholesale
** Motor Dealer
** Transmission
** Exchange House
**ICBC Salvage Buyer

* NDA and proof of Funds available before release of further information

Property Information

Real Estate:

Lease

Lease Terms:

5 year plus another 5 year extension - Buyer of the business can negotiate directly with the landlord for a desirable lease

Leasehold Rent:

$95,000 (CAD) per annum

Location:

North Shore

Premises Details:

Spacious Lot (around 6,000 Sq ft) - Can hold around 40 cars in front & Back of a very high traffic & well-known major road - A Washing Area - Easy to Show after signing of the NDA and confirmation of financial qualification of the buyer.

Business Operation

Expansion Potential:

* Higher Turnover with investment into more cars
* Adding other related services

Reasons for selling:

* Lack of time to run the business due to expansion of family as well as the construction projects undertaken by the owner - However Owner is open to offers for cooperation going forward as long as the buyer is willing to take an active role in the day to day operation of the business

Employees:
5 Employees

Other Information

Support & training:

* Seller is willing to train or stay and help with the purchase of the 2nd hand vehicles for the Buyer of the business (Open to further discussions)

Relocatable:
This business can be relocated.

Contact Jovi Realty Inc

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