Tire and Automotive Shop for sale

Business Description

UNDER OFFER AND IN DUE DILIGENCE: Well established tire and automotive repair business for sale in Saskatchewan. This business has been in operation in the same high visibility, high traffic location for over 35 years, and the owners are now ready to retire. The business operates under a well known national brand name, which the buyer would have to apply & be approved to continue to use. The business sale includes a database of some 13,000 clients and over 16,000 vehicles. They do all kinds of repairs for cars, light trucks and recreational type vehicles for retail clients. The owner has invested in the best shop equipment and it is all in good condition & newer. All equipment($150,000), working capital including inventory ($35,000), customer data and supplier lists will be included in the sale. This will be a share sale. The business has strong consistent sales and earnings. The three year average revenues and sellers discretionary earnings (SDE) are listed.

Details

Business ID: REGI0031
Business Category: Repair and Maintenance
Location: Saskatchewan, Saskatchewan

Status: New

Company Information

Year Established: 1987
Franchise: No
Number of Employees: 8

Financial Information

Asking Price: $ 559,000
Gross Revenue: $ 1,415,000
SDE: $ 218,000
FF&E (included): $ 150,000
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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