For Sale: ICBC Certified Auto Repair Shop

Outstanding opportunity to purchase an ICBC accredited body and paint shop. The business has been in continuous operation for more than 40 years and has the highly coveted ICBC “Express” designation. With revenues of 1.3 million and an EBITDA of $200,000, if you are an experienced body man or estimator, this is an opportunity you can’t afford to pass up. The asking price for the business is only $650,000 which includes an extensive asset list along with over $50,000 in Inventory. A savvy investor will want to enquire about the land and building which was recently appraised at close to 1.1 million. The property also has a very recent Phase 1 and Phase 2 clean environmental report completed. The business in this location has high barriers to entry and very little local competition. Tentative financing is in place for a qualified buyer.  $1,130,000 $200,000 EBITDA 3 Full-time tradesman / apprentices An extensive equipment list is included in the purchase price Approximately $50,000 included in the purchase price Newer building with state of the art paint shop, separate office and fenced yard. 5000 square feet on .9 acres of industrial zoned land $5,000 per month The business is located in a small community with high barriers to entry. Opportunity to increase revenues through addition of staff or by leveraging an underutilized franchise which is included in the sale price. The business $600,000 Financing in place for qualified buyer As required