Great little business addition for sale. Business was shut down prior to Covid by an owner who was looking to retire. Business has 65% gross margins, meaning per service (approx. $350 per vehicle) business generates $227.50 worth of contribution margin (approximately a 1-2 hour per service).
Owner is looking for asset sale and is open to vendor financing. Business applies Rust Check oil-based rust prevention and has exclusive territory rights to Saskatoon and surrounding area. This is a cost-efficient way for established auto service business to acquire 125 new customers and provides a new product line to sell to existing customers.
- 36 years of established reputation
- Customer list of 125 individuals & corporate clients. Largest client represents $22,000 in recurring revenue, small clients represent $48,000 in
recurring revenue
- Exclusive territory rights (new franchise costs $35,000) Excellent bolt-on for existing business
- Few rust prevention businesses in the province
