603 ALPHA VICTORIA

Burnside neighbourhood of Victoria British Columbia Canada V8Z 1B5
$199,000

603 ALPHA VICTORIA

  • Price: $199,000
  • MLS Number: 910416
  • Square Footage: 2581 Sq Ft
  • Property Type: Residential

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


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Listing Brokerage: Coldwell Banker Oceanside Real Estate

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