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Tire And Automotive Business Property In Okanagan For Sale

Okanagan, British Columbia, Canada
Asking Price:
$1,150,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

A tire and automotive business that has been established for over 20 years is now available for sale. This business has a long history of offering auto repair services, tires and parts to its local community.

Based in Okanagan, British Columbia, the building is located on 0.521 acres in the vibrant industrial area at Hemlock Street in Oliver. With an impressive number of repeat customers, it is well recognised for quality work and outstanding customer service in comparison to other competitors. Any future buyer would therefore be taking over a business that is trusted by its local community, benefiting from excellent Google reviews.

This auto repair business also comes with a residential property, so offers a fantastic re-location opportunity. The commercial building comes with a 2-bedroom suite on the upper floor that was custom built to exist alongside the business.

Included with the sale of this business is the following:

- A 2-bedroom apartment.
- Fully fenced secure outside yard.
- Full service shop, with 4 bays (one of the bays is a pull-through bay with 16’ overhead door to accommodate rec vehicles).
- Reception.
- Front office.
- Showroom.
- Storage.
- Extensive equipment and fixtures ( including a fully-equipped service truck for mobile tire service).
- 4 trained and experienced employees (with enough work to hire more staff).

To ensure a smooth transition of ownership, full support and training will be provided for the new owner. The business also recently signed a General Security Agreement with Integra Tire that can be assigned to help with branding and marketing.

For more information on this opportunity, contact the seller through the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

990 square feet apartment unit. Living room (12’ x 14’), 2 bedrooms (16’ x 11’), open kitchen (9’ x14’), dining area (10’ x 14’), laundry room (5’ x 7’) and bathroom (7’6 x 8’6).

Location:

Located on 0.521 acres in the established industrial area at Hemlock Street in Oliver.

Premises Details:

The building size measures at: 96’ wide x 48’ long x 18’ eave height. It was built in 2000 and has a gross building area of 4,608 square feet. The building boasts a pull-through bay with two 16' high overhead doors, which allows service for RV or Farm repair machinery.

Size in square feet:
0.521 acre

Business Operation

Expansion Potential:

There is enough work to hire more staff.

Competition / Market:

There are other shops in town, but this shop has an impressive number of repeat customers. There is no close competition due to the quality work and outstanding customer service this business provides.

Reasons for selling:

Poor health.

Trading hours:

Monday to Friday, opens at 08:00 and closes at 17:00.

Employees:
5
Years established:
23 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

General Security Agreement with Integra Tire & Auto Centres Ltd.

Other Information

Support & training:

Training provided.

Furniture / Fixtures value:
$193,000 (CAD) - included in the asking price
Inventory / Stock value:
$40,000 (CAD)
Related Documents:

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