Price: $225000

Location: South Okanagan

Province: British Columbia

Listing ID: 007OK_2021_OL

Description

Established, Nationally Branded Automotive Repair Business with Owner Support Services in Place. This business is positioned well for a full time owner/operator to take to the next level. If you or your business partner is a red seal mechanic and looking for a business opportunity in the Okanagan, this could be the one! Discounted Lease, well below the market rate for the 1st Five Years will help you reach your goals and ensure success.

LISTING DETAILS

FFE Included: Yes

Inventory: $5,000

Inventory Included: Yes

Operation

Year Established: 1969

Year of last Acquisition: 2001

Days & Hours of Operation: Mon to Fri 8AM to 5PM

Owner Hours Per Week: 30

Employees: 3 FT Employees

Managers: Owner Operator

Location

Square Footage: 5500 SF Shop

Summary

Facilities Information:

Premises
5529 SF Building on .208 Acres.
4 Bay / 4 Hoist Shop with room to add additional Hoists.

Below Market Lease Rate 1st Five Years
Option to Renew thru 2031
All Hoists and Equipment included in the price.

Reason For Sale:

Retirement.

Training & Support:

Certified Mechanic License not required to own or operate.
Experienced FT staff in place.
Full owner support/training available if required.
Owner(s) willing to work with the buyer to ensure a smooth transition.

Historical Summary:

Opportunity to grow this company under its current licensing agreement or transition into your own branded automotive business by capitalizing on a central main street location, an established customer following, and experienced staff in place.

This offering includes a preferred first 5 Year - Below Market Lease Rate to the successful buyer.

Certified mechanic license not required to own or operate
Licensed with a Nationally Recognized Tire Brand
Full Owner/Operator Support
Experienced Full Time Staff in Place
High Exposure, Central Location

Owner willing to work with the buyer to ensure a smooth transition.

LISTING BROKER

John McLeod, CBI

John McLeod, CBI
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