Truck Specialized Repair Business in London, Ontario For Sale

Truck Specialized Repair Business in London, Ontario For Sale

In operation for many years, this business provides specialized Truck and car repair services. The company is recognized as an expert in its field. The business has a large and loyal customer base, which includes entities that are significant in size. Over the years, the Company demonstrated consistent revenue and profit streams.

The owners wish to sell the assets of the company. In addition, the building can be purchased or leased. Comprehensive training, if required, will be provided by the owners to assure a smooth transition.  The Vendor will provide a small VTB if required provided there is enough collateral offered and reasonable interest.

This is an ideal opportunity for either a strategic industry buyer or a well-financed individual investor who is willing to hire appropriate management to operate the business. This well-established, profitable business may also appeal to a buyer who has previous experience with automotive repair and who seeks to become an independent business owner.

Transaction Information:

Asking Price:
Business Equipment and Goodwill $    920,000
Current Assets (at actual) Estimated $    230,000
Total Business Assets $ 1,150,000
Building can be leased $44,000/year
Building Selling Price $    700,000
Revenue: $ 1,300,000
EBITDA (Normalized, after rent): $    290,000
Sellers DE (Normalized): $    425,000
Employees: 7 (incl. 3 owners)

For Further Information Please Contact:

Mike Evans Salesperson 519-673-2156

Rick Odegaard Broker of Record 519-854-4661

Businesses for Sale