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Automotive Service & Repair - 2 Locations
Location British Columbia,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $627000
Net Profit / Cash Flow $159000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1988
Number of Employees 4 - 5
Inventory 290000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will provide full perational training!
Reason for Sale Retirement
Description This is your opportunity to own one of the most profitable auto repair facilities in British Columbia. With locations in West Kelowna and Penticton, this business has built a stellar reputation by delivering high quality automotive repair services to its clients.
Family owned and operated since 1988, this business consistently generates a very positive and growing cash flow. Customers rave about this business and show their appreciation with their continued high retention and return rate.
The business has three licensed mechanics and operates out of a 3,600 square foot facility in West Kelowna and a 4,000 square foot facility in Penticton. Both buildings are separately owned and would be leased back to the purchaser.
The owner has set this business up for long term success by developing systems and procedures for the business that are second to none. The owner has also developed and maintains a unique proprietary software program used by the business to service its customers. This software is now in use in hundreds of automotive repair shops throughout Canada!
Included in the purchase price is $250,000 in furniture, fixtures and equipment, $40,000 worth of inventory and all the software to run the business.
For a qualified buyer, the seller is willing to carry back up to $100,000.
The ideal purchaser will possess excellent customer service skills, is passionate about the automotive industry and wants to continue to build on the excellent reputation of this family owned business.
No specific industry experience is necessary to acquire and grow this business as the current owner will provide full operational training over a three month period.
For full information, contact Steve Burns 250-863-9522.
Click Here To Contact Seller
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