Location: Saskatoon, Saskatchewan
Asking Price: $250,000
Annual Gross Sales: $655,409 (FYE September 30, 2011)
Annual Cash Flow*: $54,645 (FYE September 30, 2011)
Reason for Sale: Owner is pursuing other interests
Training and Support: The owner is prepared to train a buyer in all aspects of managing the business to ensure a successful transition.
- Established in the market place having been in business for just under 10 years.
- Strong relationship with SGI which is important in the industry.
- Revenues have been steadily increasing since the business opened.
- Growing economy in Saskatoon.
*Annual Cash Flow = Net income before taxes + depreciation + interest + owner draws and benefits
The Company is located in Saskatoon SK and specialize in the collision repair industry. They offer all aspects of vehicle collision repair including frame straightening, refinishing (paint) and auto glass.
The Company has an excellent reputation for providing professional and reliable service. They do this by combining their experience and a set of strong employees. The Company has a solid client base which includes long term contracts and many repeat customers.
The Company currently works in Saskatoon in the north industrial area of the city. Many potential customers pass this location on their travels to and from their workplace which gives the business tremendous exposure.
The biggest competition exists in the form of dealerships. This is because they sell cars as a package including warranty work, monthly servicing, and collision repair. Competition also exists in the local area. 90% of their revenue comes from SGI and there is a stable shop rate provided from SGI as well.
If you are interested in this business, please contact:
Travis Kellett, Broker
Bridgepoint Business Brokers
Email: Click to email Travis
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