Sale Pending - To be notified of changes to the availability of this business, please contact broker.
This is a rare chance to own a well established and respected local brand with excellent online reviews, great Fleet and Insurer arrangements and loyal clients.
The sale features a highly profitable corporate store in the Calgary area plus its Franchise system that already has some franchisees in place. The bulk of revenues are currently generated in the store with the franchise portion being seen an opportunity for growth for the right buyer.
Highlights:
- Includes a highly profitable corporate store.
- Includes the franchise system plus all branding, website, Social media pages, registered name and logo plus the tools and equipment needed to do the job.
- A number of franchisees in place
- Preferred Supplier arrangements with key Insurance and Fleet clients
- Good proximity to car dealerships, autobody and retail clients
- The 2930sf corporate store shows 10/10 with great office and service space.
- Current owner is the landlord and able to offer a long term lease
As an essential service, this company was able to remain open throughout the Covid-19 pandemic and has the added benefit of not requiring parts or significant raw materials so is expected to remain unaffected by supply chain issues.
Recent business developments have contributed to high growth. Revenues in the most recent year ended July 31, 2021 exceeded $1.6MM. Sellers Discretionary Earnings in the same period exceeded $700K. Neither of the two business owners currently draw a wage.
In the first 5 months of the current, fiscal 2022 year, revenues have already exceeded $900K.
This transaction is intended to be a share sale. The offer includes two legal entities, one which owns the corporate store and the other which owns the franchise system.
