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Extraordinarily High Performing Community Centred Automotive Shop For Sale

Vancouver Island, British Columbia, Canada
Asking Price:
$1M - $5M (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$250K - $500K (CAD)

A rare opportunity to acquire a well-established and highly profitable 5 bay 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.

Property Information

Real Estate:

Lease

Lease Terms:

Leased from sellers holding company

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
Related Documents: