Business Details
Company Profile
Listing ID: VANCOBC002-N531
Location: Metro Vancouver, BC
NAICS: 811111
Industries: General Automotive Repair
Business Highlights
- Business currently operating well below earnings potential due to owner preference for smaller workforce
- Established brand and sterling reputation
- 80% Recurring customers
- Strong cash flow due to preferable payment terms with suppliers
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.
Type of Sale: Share Sale
Operational Balance Sheet Inclusive of: Furniture, Fixtures, & Equipment / Goodwill / Normal Net Working of $36,000 (Inclusive of Inventory)
BUSINESS ASKING PRICE
$399,000Normalized Financial Summary
| YEAR | REVENUES | SDE |
| PROJ. 2022 | $852,000 | $181,000 |
| EST. 2021 * | $813,000 | $169,000 |
| FYE 2020 | $678,000 | $134,000 |
| FYE 2019 | $821,000 | $204,000 |
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Metro Vancouver, BC