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Automotive Service Repair shop For Sale

Calgary, Alberta, Canada
Asking Price:
$690,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$50K - $100K (CAD)

A very successful and Long standing Business, (almost 30 years in the same location, under the same ownership ) in a high traffic area in North Calgary available. Fully equipped. including 6 Hoists, Alignment Rack. Current owner is willing to stay on for Two plus years through the transition

Property Information

Real Estate:

Lease

Lease Terms:

A 5 year term was just re-signed at the beginning of the year

Leasehold Rent:

$108,000 (CAD) per annum

Location:

North Calgary, just off Deerfoot TR

Premises Details:

6000 sq ft facility with a fenced big back yard that can store over 20 vehicles

Size in square feet:
6000 sq ft building. 1/2 Acre of land

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Owner is tired of managing the business, his passion is fixing vehicles, even though he's done both for close to 30 years

Trading hours:

Mon - Fri 9am - 5 pm
Saturday 9am - 4 pm

Employees:
2
Years established:
Over 25 years

Other Information

Support & training:

Current owner is willing to stay on for Two plus years through the transition if required. He is a licenced Tech

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Small VTB from the seller might be available, if required

Furniture / Fixtures value:
$150,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated