Warranty Repair for Automotive Equipment

Established in 1963, this company has been thriving in the Edmonton area as a warranty repair depot for manufacturers of automotive test and diagnostic equipment. The current owners purchased the business in 2007 and have strived for continued growth and expansion. The company does warranty repair work for many name brand automotive equipment companies. Their focus is to restore and repair equipment such as A/C recovery units, battery chargers, multi-meters, wheel aligners, balancers, and other diagnostic equipment while ensuring their customers receive the highest-quality customer service.

Listing ID: AAE 06182018

Asking Price: $500000

Why This Business

• Niche market – this is the only business of this nature in the Edmonton
and surrounding area
• This company offers both warranty and non-warranty service to its customers
• Ease of take over
• Well-established
• Extremely high growth in revenue from 2018 to 2019
• Amazing brand reputation

Additional details

Reason for sale: Owners wishing to sell for personal reasons.
General Information: Owner support/training available, Premise is not part of the sale
Documents Available For Review: Business Sales Memorandum, Financial Statements, Equipment List

Listing Details

Operational Summary

Annual Revenue: $1267562
Assets: $100000
Discretionary Earnings: $189758
Year Established: 1963
FT Employees: 5
Inventory: $103557
Location: Edmonton, AB
Broker: Neil Gerritsen
Contact: Neil Gerritsen (info@absales.ca) 780-495-9295
Additional Notes:

What is the cost of the lease? Available upon request.

Number of Employees: 5 Employees /2 Owners

Neil Gerritsen

info@absales.ca

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Business Listing: AAE 06182018