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Papa D’s Auto Repair

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Price: $499,000

Annual Revenue: $1,099,000

Minimum Equity Required: $150,000

SDE: $0

Location: Nova Scotia

Industry: Services

ID: 1334

Status: Sold

Description

This successful full-service automotive repair shop, with all the necessary equipment and owned real estate, is waiting for you to call it your new home. If you're interested in just the building, there is a deal to be done with all the equipment removed, so you can call this building your home for whatever you may choose.

For those who know Papa D's, they have been relying on their quality service for over 20 years. With the primary market being Pictou county, this shop has built up a loyal customer base and boasts an impressive 4.7-star rating. From routine maintenance to major repairs, they offer a wide range of services to keep vehicles running smoothly. This is a thriving business, will you be carrying it forward or converting the real estate to serve other purposes?

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

The asking price includes $150,000 - $175,000 in equipment.

Operations

The land and building are included in the sale:

- 15,000 sft of land
- 4,800 sft steel building, on slab, with 3 large overhead doors

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

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

Complete NDA For Full Overview
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