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Outstanding opportunity to purchase an ICBC accredited body and paint shop on Vancouver Island. The business has been in continuous operation for more than 40 years and has the highly coveted ICBC “Express” designation.
With revenues of 1.3 million and an EBITDA of $200,000, if you are an experienced body man or estimator, this is an opportunity you can’t afford to pass up. The asking price for the business is only $650,000 which includes an extensive asset list along with over $50,000 in Inventory. A savvy investor will want to enquire about the land and building which was recently appraised at close to 1.1 million. The property also has a very recent Phase 1 and Phase 2 clean environmental report completed.
The business in this location has high barriers to entry and very little local competition. Tentative financing is in place for a qualified buyer.
For more information please contact Keith MacKenzie at Chinook Mergers, Acquisitions and Business Brokerage Ltd.
Business owners own land and building and can structure a lease with purchasers if required.
$60,000 (CAD) per annum
A small house located on the property may be used by a new owner.
The business is located in a small community on Southern Vancouver Island.
5000 square feet on .9 acres of industrial zoned land
Opportunity to increase revenues through addition of staff or by leveraging an underutilized franchise which is included in the sale price.
Retirement and other interests.
8:30-4:30 Monday to Friday
Business has been pre-approved for financing as long as the buyer is financially qualified.
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