Bought with David Turner eXp Realty
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Key Details
Sold Price -
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 932000
Sold Date -
HOA Y/N No
Annual Tax Amount $16,608
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Business
Property Description
Long standing, and reputable, automotive repair business in high profile location, with large customer base, and proven track record. Growing share in e-vehicle repairs. Business was operating below capacity in 20 / 22, due to owner absenteeism & covid-19, but now projected to earn a health EBITDTA for 23 after current owner resumed operating and managing the business in 2022. Additional production capacity could easily be utilized for future growth. Owner is a red seal mechanic & works full time, as does wife with admin functions. There are 2 apprentice mechanics & an administrator. Approx 10+ parking spots and a 2900 sf building, featuring four hoists, storage, workshop and office areas, front desk reception, and conference room with small kitchen. Transferrable six year triple net lease at $3900.00 per month. Docs available upon signing non-disclosure agreement.Owner retiring but will facilitate transition. Seller may carry some financing. DO NOT APPROACH ANYONE ON SITE
Location
Province BC
County Capital Regional District
Community Sw Marigold
Area Saanich West
Interior
Heating Electric
Cooling None
Flooring Concrete
Fireplace No
Exterior
Exterior Feature Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Pylon, Storefront, Wheelchair Access
Parking Features On Site
Garage Spaces 10.0
Utilities Available Cable Available, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
View Y/N false
Total Parking Spaces 10
Garage No
Building
Lot Description Central Location, Cleared, Corner Lot, Easy Access, Level, Serviced
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Ownership Leasehold
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
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