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Businesses For Sale   >>   Victoria Businesses For Sale   

Profitable 2 Bay Auto Repair Shop

Location  Victoria, British Columbia, Canada
Asking Price Range  < $250K
Gross Revenues  $237000
Net Profit / Cash Flow  $50000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2012
Number of Employees  1 - 3
Inventory  37000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  First month
Reason for Sale  Would like to retire

Description  
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.


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