Established Vancouver Island Auto And Truck Repair Business For Sale

Business description

Here is the chance to move to beautiful Vancouver Island and own an operating and profitable business in a recession-proof sector. If you like cars or trucks, or have background in auto parts or service, this well established and steady general service auto and truck repair business will be a good fit. It is located in the city centre area of a Southern Vancouver Island urban area.

The Business has developed a productive mix of commercial with retail repair customers. Occupies a roomy shop (3300 sf, enough for 10 vehicles indoors) with a large yard. Centrally located and convenient for staff and customers.

Experienced mechanics on staff, expected to stay with a new owner.

Unlike many auto repair businesses, this business has a strong component of commercial work with repeat business. The repeat commercial work “comes to you” and requires little or no quoting. Just get it done and send the bill.

Little or no advertising is presently being done – there is an opportunity for growth for a new owner.

The Business comes well-equipped with all the needed equipment and tools.

The current owner wishes to retire to pursue other interests, but will be available to work with a new owner to fully and completely transition the business and goodwill, provide training, and make introductions to customers and suppliers. Seller financing will be considered for qualified buyers.

Please contact Rob Millar by clicking on the contact seller button below.

Property information

Real Estate:

Lease

Lease terms:

5 years, plus 5 year renewal. Annual rent figure is gross (includes additional rent amounts).

Leasehold rent:

$60,000 per annum

Location:

located in the city centre area of a Southern Vancouver Island urban area. Centrally located and convenient for staff and customers.

Premises details:

Business has built an excellent mix of commercial with retail repair customers. Occupies a roomy shop (3300 sf, enough for 10 vehicles indoors) with a large yard. 3 overhead doors - oversize.

Size in square feet:

3,300

Business Operation

Expansion potential:

Little or no marketing is currently being done. Better signage and doing some simple advertising or customer follow ups offers potential for a new owner.

Reasons for selling:

Owner wishes to pursue other business interests, retire from active work in service field.

Trading hours:

Mon-Fri 7:30 - 5:30
Sat 9 - 4

Employees:

2 FT, 1 PT, plus owner

Years established:

20

Other information

Support & training:

Ample transition support and training will be included.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Will be considered for eligible buyer.

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)