SOLD - 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 ($185,000) and inventory ($100,000) included in sale, along with 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 last years revenues and sellers discretionary earnings (SDE) are listed.
Business ID: REGI0031
Business Category: Repair and Maintenance
Location: Saskatchewan, Saskatchewan
Status: Sold
Year Established: 1987
Franchise: No
Number of Employees: 8
Asking Price: $ 559,000
Gross Revenue: $ 1,665,254
SDE: $ 349,903
FF&E (included): $ 185,000
Inventory: $ 100,000
EBITDA: On request
Down payment: On request
Occupancy Cost: On request
