Location: Metro Vancouver
Province: British Columbia
Listing ID: VANCOB002-N553
Pacific Mergers and Acquisitions is pleased to introduce this offering of a successful transmission repair shop. This business has offered automotive transmission repair services to both commercial and retail customers in British Columbia. The customers loyalty and referrals have built their reputation as the top choice of repair facility in the region.
The business has successfully navigated through relocation and COVID in the past few years. A new long-term lease in a good location prepares the business for the future development.
The current owner is now at the point of retirement and the new ownership could capitalize on its good reputation to grow to the next level.
Type of Sale: Share Sale
BUSINESS ASKING PRICE: $700,000
Inclusions in Asking Price:
• Operational Balance Sheet Inclusive of:
» Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $170,000 (Inclusive of inventory)
• Recognized reputation
• Specialized service repairs with competitive price
• Transitional resilience through COVID and relocation
• New long term lease in good location
• All season business
• History of profitability
• Trained staff of 6 excluding owner
Total Sales: $1,309,456