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Icbc Collision Repair Business
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $927000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory 130000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Owner will remain for up to 3 months
Reason for Sale Retirement
Description Listed at $395,000. This is an ICBC accredited auto body shop that performs safe, high quality repairs. It is part of ICBC's Express Program, which means that it can charge top rates of the work it does. Customers bring vehicles directly to the express facility for servicing, simplifying the claims process, while speeding up the repair time and reducing customer costs. This is a very steady business and has upside potential as it is the only type of business (ICBC shop) in the area. Most of the clients come from the ICBC collision repair program, with the remainder from referrals and word of mouth advertising. The facility is in excellent condition and the equipment is top of the line.
The Express Repair Program provides participants with access to business systems and software to estimate ICBC customers' vehicles, allowing repair facilities more opportunity to manage business. It creates a partnership with other industry leading experts to ensure the service is best in class. Employees can routinely upgrade their skills through accredited courses. Participants adhere to the programs policies and procedures and complete repairs cost effectively while meeting standards. The program is voluntary and open to all accredited repair facilities that meet the additional criteria of the Express Repair Program. The shop facilities meet the highest repair industry standards for workmanship and professionalism. Located about 25 minute drive from Vancouver.
Priced at $395,000
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