About this Opportunity:
Opening its doors in February 2013, this young automotive repair and service centre has managed to establish a large loyal customer base. The shop is situated in an easily accessible business complex on a high traffic street in Victoria, BC. It features two BendPak 10-tonne hoists, along with modern tire changer and balancing machines. With the tools and equipment currently present, the shop is capable of performing up to 90% of routine maintenance and 70% of commonly needed repairs of vehicles.
The business is housed in a 2200 square foot facility that includes more than 1238 square feet of shop space, 515 square feet of retail space and a 515 square foot mezzanine. Since inception, the business has built a great reputation for consistent and fair pricing which has lead to many great online review by customers. The new potential owner will be taking over a business that is ready to be taken to the next level of success.
Last fiscal year revenues were approximately $206,000. The current fiscal year revenue is on track for $240,000.
The premise is leased by the business owner. The current owner of the property is willing to sell or extend the current lease agreement.
Business asking price is $70,000 by business owner.