BizPlanSell
Simplifying Family Business sales.
You Supply the Business. I Supply the Plan. Together, We Sell Your Business
Alberta
Commercial Automotive Warranty Depot/Repair Service
Investment level: 675,000
Type of sale: Share Sale
Pre-Approved Financing is in place ( OAC)
It is time for our clients to retire and move onto the next thing in their lives. This 61-year-old
legacy business has been in operation with the current owners for over 23 years.
The business offers buyers a variety of revenue streams, such as repair, servicing, parts sales, and warranty work, for a long list of Canadian Commercial Retailers and Service Providers.
Best-Fit Buyers
• Someone who has an electrical or mechanical background.
• Someone with strong management experience.
• As an add-on revenue stream to an existing repair business.
By repairing automotive machinery and equipment which would end up in landfills, this business creates a win-win by offering their clients cost advantages and helping to contribute to a greener environment.
Along with the owners, this business’s long-term and experienced staff will be able to assist
buyers throughout the entire transition of this business.
Business at a glance
Years of operation: 61 years. Current ownership: 17 years
Owner 1 Responsibilities: General Manager. Training of new staff. Bookkeeping and
overseas the day to day.
Hours worked per week, approx. 45.
Owner 2 Responsibilities: HR, Marketing and Payroll
Hours worked per week, approx. 20.
Key Strengths
History and reputation; diversified services; development of specialized equipment; strong
and loyal customer base; long-term staff.
Lease: Expires November 2025 option to renew is available.
Staff: Full-time, Part-Time
Hours of operation: Mon-Fri- 8:30 - 4;30 pm
Sales: 2021 (677,000) 2022 (737,0000) 2023 (733,000)
Normalized Seller’s Discretionary Earnings 3 Year Average: 193,000
A virtual discovery call with the owner will be available once a buyer’s profile has been completed. Thank you for your interest in this business opportunity!
