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Automotive Repair Business For Sale

White Rock, British Columbia
Freehold Price:
$1,135,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
$295,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$617,000 (CAD)
Cash Flow:
$165,000 (CAD)

Prime Opportunity For An Owner Operator!

This sale represents an opportunity to acquire a highly reputable business with an established client base already in place.

BUSINESS:
Sellers Discretionary Earnings, (SDE), For 2017 $165,000
(With FMV Lease In Place)

PROPERTY OPTIONAL:
CAP Rate/ROI 5.4%
(With FMV Lease In Place)

Full Service Repair Shop including five-bay service center and reception/office space.
Established for over 25 years under the same ownership.

Bring (1) or (2) Technicians with you, or hire them on when you arrive. Taking this shop to the next level won't be difficult.

Asking price includes inventory, hoists & equipment and a normalized working capital.

More information available upon request, please contact listing broker for further details.

Property information

Real Estate:

Available as lease or with real property included

Location:

Central location in a busy light industrial area. White Rock, BC

Premises Details:

3000 SF - Combination - Two(2) Strata Units with a multi-tenant option.
2 Grade Level Bay Doors
4 Assigned Parking Stalls

Size in square feet:
3000 SF

Business Operation

Expansion Potential:

Current staff unable to keep up with demand.

Reasons for selling:

Owner wanting to retire.

Employees:
2 Full Time Technicians
Years established:
25 Years

Other Information

Support & training:

Owner willing to work with purchaser to ensure a smooth transition.

Inventory / Stock value:
$18,700 (CAD) - included in the asking price
Related Documents:
Lease asking price:
$295,000 (CAD) - Furniture / Fixtures and Inventory / Stock included

Contact Broker

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