Description
Long standing, and reputable, automotive repair business in high profile location, with large customer base, and proven track record. Business was operating below capacity in 2020 to 2022, due to owner absenteeism & covid-19, but now projected to earn a health EBITDTA for 2023 after current owner resumed operating and managing the business in 2022. Additional production capacity could easily be utilized for significant future growth potential. Owner is a red seal mechanic who works full time, as does his wife who perforems admin functions. There are 2 apprentice mechanics & an administrator. Approx 10+ parking spots and a 2900 sf building, featuring four hoists, storage, workshop and office areas, front desk reception, and conference room with small kitchen. Transferrable six year triple net lease at $3900.00 per month. Docs available upon signing non-disclosure agreement.Owner retiring but will facilitate transition. Seller may carry some financing. DO NOT APPROACH ANYONE ON SITE
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
Description
Long standing, and reputable, automotive repair business in high profile location, with large customer base, and proven track record. Business was operating below capacity in 2020 to 2022, due to owner absenteeism & covid-19, but now projected to earn a health EBITDTA for 2023 after current owner resumed operating and managing the business in 2022. Additional production capacity could easily be utilized for significant future growth potential. Owner is a red seal mechanic who works full time, as does his wife who perforems admin functions. There are 2 apprentice mechanics & an administrator. Approx 10+ parking spots and a 2900 sf building, featuring four hoists, storage, workshop and office areas, front desk reception, and conference room with small kitchen. Transferrable six year triple net lease at $3900.00 per month. Docs available upon signing non-disclosure agreement.Owner retiring but will facilitate transition. Seller may carry some financing. DO NOT APPROACH ANYONE ON SITE
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Data last updated: 2023-06-02T00:22:22.367.