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USD 155,003

603 Alpha St
Victoria, British Columbia

Property Description

Long standing reputable OK tire franchise and automotive repair business with large customer base, good income, and proven track record. Two employees include one unlicensed mechanic, and a front counter staffer with mechanical experience. Both been with the business for about 8 or 9 years. Owner is a licensed mechanic and works full time in the shop area. Sale of shares preferred. Approx 10+ parking spots and a 2560 sf well laid out block building, featuring three hoists, storage areas, & office area. Owner will lease back building at market rates. Chattell list, financial statements & recast financial statements showing EBITDA are available upon signing non disclosure agreement. Franchise agreemnet is available. Approiximately 80% of the net income is from repair work, and remainder from tire sales. Tire franchise has been in place for about 10 & automotive repair component for 30 to 35 yeras. Owner is retiring but will facilitate transition. DO NOT APPROACH ANYONE ON SITE (id:8860)

Listed by Coldwell Banker Oceanside Real Estate

Property Details

ID #
910416
Status
For Sale
Type
Residential, House
Postal Code
V8Z1B5
Lot Area
7,071ft2
Parking Spaces
10
Exterior Description
Other
Fireplace Description
Electric
Heating Type
Baseboard

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