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Established 50+ Year Old Premier Automotive Services

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Complete NDA for Full Overview

Price: $1,399,000

Annual Revenue: $1,125,000

Minimum Equity Required: $200,000

SDE: $0

Location: Nova Scotia

Industry: Services

Listing ID: 1364

Listing Status: Under Contract

Description

For over five decades, this Automotive Services business has been supporting the community with more than your normal oil changes, tires, and brakes. Their focus has been more so on diagnostics. This fully equipped facility in a prime location has a long-standing reputation for excellence and reliability.

Fully equipped 6 bay service centre - 6 hoists (5 rotary + 1 symmetrical), 1 alignment, 2 tire changers, 1 balancer, all tools. Only mechanical. 1100 L waste oil.

For qualified buyers with operational experience, there is much upside that can be immediately created. (type of customer, service offering, and shop rates). If you're familiar with the business and you have the ability to attract and retain qualified staff, there upside can be significant.

** The sale is structured as an Asset sale of the Building, only. The vendor would greatly value seeing the business carry on and he could be retained for meaningful transition period, as he's highly skilled in his trade.

By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

The sale is structured as an Asset sale of the Building, only. The sale price does not consider / include the sale of the business and equipment.

It would be worthwhile considering the benefits of acquiring the building by way of a share sale, to reduce the deed transfer tax and future property taxes.

Real Estate

This well constructed, 6 bay, 4,000+ sft (66*61) steel building is situated on 30,000 sft of land located in a prime traffic area with high visibility. Plans have been drawn up to add 2,400 sft on the back. Just over 10 years old.

Built building in 2012. 66*61, all metal, insulated, heat pump, and electric forced air.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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