This is a unique opportunity to acquire a well-established engine repair and tuning company providing services to Southern Saskatchewan, with a focus on diesel engine work. The business has carved out a market niche as specialists in diesel engine performance and repair, with a long-standing repeat client list. The business is a true turn-key operation that runs without the daily oversight of the owner thanks to highly skilled and long-standing personnel who are expected to stay on with the business. With an opportunity to expand the business to the agricultural sector and/or into more fleet service work, there are many ways to grow the business and capitalize on the strong name and brand recognition. The business sale will include all equipment and working capital needed to successfully operate the business. The opportunity would be ideal for a buyer with marketing and business experience who wishes to capitalize on the long-standing history, strong brand and growth potential of the business. The business operates out of a leased premises, but an opportunity does exist to purchase the real estate with the business if the buyer wishes to do so.
Financial Information
$1,124,000
Asking Price
$354,347
Cash Flow
$1,503,220
Gross Revenue
N/A
Down Payment
Yes
Financing
$354,347
Adjusted EBITDA
Business Location
City:
Confidential
State:Saskatchewan
Financing Comments
Seller may be open to a vendor note on the deal
Reason for Sale
Owners are relocating out of the province
Detailed information
Year Established:2007
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 7
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:5
Inventory Included: Yes
Inventory Value:
$75,000
Monthly Rent:
$5,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 5000
FF&E Included?: Yes
FF&E Value: $250,000
Training/Support
Available on a short term basis to help with transition.
Facilities
The business is currently operating out of a 5,000 sf building (leased), and has a good sized yard for vehicle storage.
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