Full-Service Auto Repair Shop

auto repair shop for sale in metro vancouver, bc

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

$399,000

Normalized 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
* FYE is June 30, and the 2021 estimate is based off the first 10 months of the fiscal year.
Download PDF Profile

Metro Vancouver, BC