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Busy Automotive Repair Shop In Central Edmonton For Sale

Edmonton, Alberta
Asking Price:
$250K - $500K (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$100K - $250K (CAD)

Well established full service automotive repair shop in central Edmonton region for sale. We have been actively serving the downtown and neighbouring residential communities for over 20 years and hold many positive reviews online (4.7 google rating). Our shop comes fully equipped with 3 bays, fully set up office area and storage space in a very well maintained building. Shop is currently operating and sale includes a strong data base of loyal retail customers, fleet vehicle customers and dealership contracts that consistently generate great revenue. Partial list of assets include two 2 post hoists, tire machine and balancer, air compressor system, toolbox, and much more. Rent is very reasonable for a prime location in a fast developing area of Edmonton and the new owner will secure his or her lease under their own name. We are not in a rush to sell and would like to see the shop transitioned over to the right candidate with a strong automotive background and business sense (willing to work with buyer for 1 month to help smooth transition with customers and distributors). Selling to focus on other opportunities and will not have enough time to dedicate to the shop. Business performance measures and details available to serious prospects only. Thanks.

Property information

Real Estate:

Lease

Lease Rent:
$16 (CAD) per sq ft per annum
Location:

Edmonton Boyle Street Community

Size in square feet:
1,935

Business Operation

Expansion Potential:

Recently our area has been the subject of considerable interest by the city and developers to carry out re-development to allow more new residences and businesses. This shop is well positioned to serve this growing urban community.

Competition / Market:

There are 2 main automotive repair shops in our area that we have very good relations with. No other competition within 3km radius.

Reasons for selling:

Selling my business to dedicate more time into new business start up in unrelated industry.

Trading hours:

Monday-Friday 9-5
Saturday 9-1

Employees:
3
Years established:
>20 years

Other Information

Support & training:

Will stay on for 1 month to help maintain ties with businesses and customers if buyer wishes.

Furniture / Fixtures value:
$95,000 (CAD) - included in the asking price

Contact Information

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