Price: $399000

Location: Metro Vancouver

Province: British Columbia

Listing ID: VANCOBC002-N531

Description

 

This auto repair shop is located within one of the fastest growing regions in the Lower Mainland. The building is owned by the current owner and the sale will come with a new 5-year lease (with option to renew).

With a shop over 6,000 sq. ft. and staffing level at less than half what the shop could handle, the opportunity is ripe for growth.

The Company also provides A/C service and repair, tire supply, mounting and balance, and is a registered provincial inspection facility.

Business Asking Price: $399,000

Type of Sale: Share Sale

Inclusions in Asking Price: Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $36,000 (Inclusive of Inventory)

More Information: PMABB Website

LISTING DETAILS

Total Sales: $813,000

Cash Flow: $169,000

Summary

Reason For Sale:

The Vendor will pursue other interests.

Training & Support:

The Vendor will provide an agreed period of training and transition to the new owner.

Competition:

Available in a Confidential Information Memorandum.

Potential Growth:

Business is currently operating well below earnings potential due to owner preference for smaller workforce.

LISTING BROKER

Pino L. Bacinello

Pino L. Bacinello
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