General Info

  • Type: Business
  • Price: $1,360,000

Contact Info

Business Summary

Highlights

Opportunity to purchase a well-established and very profitable Automotive &Tire Repair Business located in South Vancouver, BC. Included in this business sale is a Warehouse Investment Property.

Business Description

This shop offers full, warranty-approved service and maintenance. Brakes, Oil Changes, Wheel Alignment, Suspension, Lift Kits, Exhaust, Diagnostics and more. Aligned with a Nationally Branded Tire Distributor – this business is positioned well for consistent and continued success.

Overview

  • Well established, 30+ years
  • Certified mechanic license not required to own and operate
  • Experienced staff in place
  • High traffic, central location
  • Owner willing to work with buyer to ensure a smooth transition

Financial Summary

FYE 2017 FYE 2018 FYE 2019 FYE 2020 FYE 2021
SALES $1,983,674 $2,152,676 $1,837,116 $1,782,399 $1,849,440
SDE $385,533 $362,332 $287,799 $237,057 $250,466

Sellers Discretionary Earnings, SDE (5 Year Weighted Average: $278,277

Seller’s Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis.

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