A rare opportunity to acquire a well-established and highly profitable automotive mechanic business located in a thriving community on British Columbia’s Vancouver Island. Operating for over 30 years, this business is known for its community centred approach, affordable prices, and premium service “with a smile”.
The business operates from a 2700 sq ft shop in a well established industrial complex that is owned by the sellers holding company. It enjoys exceptional customer loyalty, with over 75% of revenue attributed to repeat patrons and at least a dozen corporate fleet assignments.
- Asking Price:
- $1M - $5M (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,200,000 (CAD)
- Cash Flow:
- $320,000 (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
Zoned for accessory residential use. Possibility to add a suite.
- Location:
-
Well established industrial complex with high exposure to the TransCanada Highway.
- Premises Details:
-
Fully functional 5 bay repair garage with lifts, equipment, and some essential tools. 2700 sq ft facility with quite a large fully fenced and gated yard space.
- Size in square feet:
- 2700 sq ft
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Hire a new technician. Adjust to market prices. Expand the shop within the complex. Start a new shop along the same concept. Add tire sales and service
- Competition / Market:
-
One of the top 5 automotive repair shops in the area by sales volume. See seller interview in CIM for how this shop outperforms the rest.
- Reasons for selling:
-
Achieved all the goals they wanted, able to retire while health is still good.
- Trading hours:
-
Monday - Friday 8 AM - 5 PM
- Employees:
- 3
- Years established:
- 39
Other Information
- Support & training:
-
2 weeks free shop training with extra paid support as needed.
- Financing available:
-
See lending options in Confidential Information Memorandum
- Furniture / Fixtures value:
- $170,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $5,000 (CAD) - included in the asking price
