Listing Details
Business Type: Auto Repair and Service Shop
Year established: 2017
Employees: 10
Real estate: Leased
Financial Details
Gross revenue: $700,000
Furnitures, Fixtures, and Equipment: $500,000
About the Business
Competition:
Limited competition in growing market
Growth and expansion potential:
Meaningful growth and expansion with dedicated owner-operator
Support and training for new ownership:
Owner willing to stay on for transition
Reason for selling:
Focus on other business interests
Description
High quality automotive aftermarket service business with an excellent reputation in the industry with both B2B and B2C customers. The business runs standalone now with 10+ employees and without a full-time owner-operator. The company includes hard assets: trucks (all model year 2017) and other equipment and improvements worth over $500K (all purchased brand new), plus approximately $100K in AR. Sales have grown every year since the company started 5 years ago and continue to grow with minimal effort from the current owner. The growth can be accelerated significantly with a dedicated owner-operator. Tremendous opportunity for an owner/operator with a passion the the automotive industry. Sales, marketing, and growth models are all running effectively and are tested. Existing owner is willing to stay on board for training and transition. The current price represents a 50% stake in the business.
Location & nearby
This listing is located in Vaughan, ON L4K
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