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Profitable Auto Repair Shop On Vancouver Island For Sale

Vancouver Island, British Columbia, Canada
Asking Price:
$500K - $1M (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,000 (CAD)
Cash Flow:
$306,822 (CAD)

Established Mechanic Shop — Turnkey | Southern Vancouver Island, BC

A rare opportunity to acquire a well-established 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. With an exceptional team in place, the business is not dependent on the owners to operate.

Perfect for a mechanic that wants to chart their own path, a multi-shop owner looking to expand their reach, or an investor looking to park their money in a profitable local business.

Highlights

Turnkey Business - Just slot in and keep things moving
Staff In Place - Low owner dependence
Strong Community Presence
Property Purchase Option
Meaningful growth upside

Sale includes all furniture, fixtures, equipment, goodwill, software systems, social media accounts

Reason for sale: Owner is selling to pursue other personal goals.

Full financial details and business information are available to qualified, pre-screened buyers upon execution of a confidentiality agreement (NDA).

Property Information

Real Estate:

Lease

Lease Terms:

Seller's holdco owns property

Location:

High visibility from TransCanada Highway in well established industrial area

Premises Details:

5 bay mechanic shop with extra large fenced yard

Size in square feet:
2400 sq ft ground floor + 300 sq ft mezzanine

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Hire more techs, add tire sales and service, expand or start another shop

Competition / Market:

None really

Reasons for selling:

Seller has achieved their goals and is ready for new challenge

Trading hours:

M-F 8:30 AM - 5 PM

Employees:
4
Years established:
29

Other Information

Support & training:

2 weeks free training included

Furniture / Fixtures value:
$170,000 (CAD) - included in the asking price