Alberta
Commercial Warranty Depot/Repair Service
Investment level: 675,000
Type of sale: Share Sale
Pre-Approved Financing is in place ( OAC)
This business is not located in Red Deer
It is time for our clients to retire and move on to the next thing in their lives. This 61-year-old
legacy business has been in operation with the current owners for over 23 years.
This 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 machinery and equipment that 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
overseeing 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 The option to renew is available.
Staff: Fulltime 3 Part-Time 2
Hours of operation: Mon-Fri- 8:30 -5 pm
Sales: 2021 (677,000) 2022 (737,0000 2023 (733,000)
Normalized Seller’s Discretionary Earnings 3-Year Average: 193,000
A Virtual Discover call with the owner will be available, once a buyer’s profile and NDA have
been completed. Thank you for your interest in this business opportunity!
