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Listing ID: 2573432

Automotive Tires, Parts And Repair For Sale

Nova Scotia, Canada

CA$ 750,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: CA$ 558,279

Cash Flow: CA$ 70,558

Business Description

A full turn-key new and used tire sales, automotive parts and repair business. Very loyal customer list with many referrals and walk-ins. Superb customer service. This shop stocks a wide variety of tires and auto parts from the best brand names in the industry. Part of the Auto Value banner group with purchasing power. The three service bays are clean and well-kept with up to date equipment. Excellent location at a prominent intersection with plenty of on-site parking. Property included with business.

Property Details

Years Established:

13

Property Type:

Real

FF&E:

CA$ 43,574

Inventory Value:

CA$ 114,798

Real Estate Value:

CA$ 450,000

Other Details

Business Location:

The business is strategically located on a highly visible 13,000 square foot lot. The building, a single structure, on municipal water and sewer, is set back on the lot allowing for a great amount of onsite parking. The building itself has three service bays along with a large parts storage area and reception for customers. All nicely appointed and maintained. The property is being sold with the business.

Competition:

The auto parts industry is mature so location and customer goodwill become important factors in the success of the business. The automotive centre is also an Auto Value distributor, part of the Vast Auto Group, they compete with other nationals such as NAPA and UAP.

Expansion Potential:

The Provincial government is proposing to build a traffic circle as the highway meets the business. This a continuation of a number of traffic circles being built across the Province in the past few years. The circle location proposed would place the business in direct line of sight as you exit the highway. Further adding value as a traffic hub location.

Operation Details

Employees:

3 FT/ 1 PT

Trading Hours:

Mon-Fri 8am-5:30pm; Sat 8am-1pm

Support & Training:

Will train for 2 weeks @ no cost. A wide variety of new and used tires and automotive parts. As well as having three service bays that allows them to install what they sell plus additional automotive services.

Miscellaneous

Reason For Selling:

Owner is retiring.

Contact this seller

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