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All makes automotive and BMW motorcycle garage

Vernon, British Columbia

Financials


Asking:   $350,000
Revenue:   $400,000
Inventory:   $40,000 (included in the asking price)
Real Estate:   $100,000 (included in the asking price)
Cash Flow:   $160,000
FF&E:   $100,000

Business Summary


Little goldmine of a garage with a huge, loyal clientele base built through word of mouth over the past 38 years. Excellent reputation for quality of service and work while charging reasonable prices. The garage is especially known for European cars and BMW motorcycles but works on all makes of vehicles. The garage does full servicing including air conditioning, but has no alignment rack and does no automatic transmission rebuilding. Garage is located along a semi-main artery in a mostly residential neighbourhood. Property measures 50ft * 100ft; building is 40 ft * 50ft. Some appealing features of the garage: - huge goodwill and a huge customer base - BC inspection facility - competent and capable staff - comprehensive tools and diagnostic equipment

General Information


Year Established: 1982

Employees: 3

Facilities and Assets:  Buy or lease property ($2000/month) Heavy-duty two-post hoist, two-post screw type hoist, single-post pneumatic hoist demoted to motorcycle use, compressor, overhead chain fall, overhead tire changer, computerized wheel balancer, Snap-On scanner, factory tool set for working on older BMW motorcycles, etc. AC service equipment on site; owned and operated by a friend Waste oil and natural gas furnaces Garage management program; two work stations Comprehensive supply chain with optimised prici

Year of Construction: 1982



Market Outlook


Competition: Busy enough to not notice the competition. Sometimes too busy, then recommend other shops. Last shop to slow down around town, and first one to get busy again

Growth and Expansion: One way to make more money is to be picky on jobs (which is possible). Alternatively, to take more jobs, one could hire another employee (part-time mechanic, part-time front) and open the shop a sixth day in the week.

About the Sale



Support/Training: I will stay on for some time to make sure the transition runs as smoothly as possible. While cleaning up my unfinished business, I can train the buyer as needed

Reason Selling: Retirement





Contact Information


David Friedman
2505493666
This business for sale has a web site :


Kazooga Ad # 106261   |   Type: Automotive Repair and Services | Automotive Parts

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