Truck Specialized Repair Business

Truck Specialized Repair Business

Truck Specialized Repair Business
Location: Southwestern Ontario

Industry: Automotive

In operation for may years, this business provides specialized Truck and car repair services. The company is recognized as an expert in its field. The business has a large and loyal customer base, which includes entities that are significant in size. Over the years, the Company demonstrated consistent revenue and profit streams.

The owners wish to sell assets of the company. In addition, the building can be purchased or leased. Comprehensive training, if required, will be provided by the owners to assure a smooth transition. The Vendor will provide a small VTB if required provided there is enough collateral offered and a reasonable interest.

This is an ideal opportunity for either a strategic industry buyer or a well-financed individual investor who is willing to hire appropriate management to operate the business. This well-established, profitable business may also appeal to a buyer who has previous experience with automotive repair and who seeks to become an independent business owner.

This is an asset sale with an asking price of $920,000 equipment and goodwill plus approximately $230,000 for closing accounts receivable, inventory and prepaids. The building can be leased or purchased for $690,000.

Revenue: $1,360,000

EBITDA: $350,000

SDE: $490,000

Employees: 7 (incl. 3 owners)

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