Asking price: $1,565,000
Reason for sale: Retirement
Company information
- Land Area: 8,095 ft2
- Building Area: 5,000 ft2
- Year of acquisition: 1998
- Established Year: 1998
- Full-time Employees: 6
- Part-time Employees: 0
Financial information
- Annual Sales: $581,912
- Monthly Payroll: $10,672
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $155,011
- Assets Included in the Sale: land, building, inventory, supplies, furniture, equipment, goodwill
This family business has been in operation for about 23 years in a community in southeastern New Brunswick. It benefits from an advantageous location because it is less than 20 minutes from a big city. It operates year-round, Monday to Friday.
This company specializes in two areas: transmission (CVT / Allisson…) and torque converters. It is a sector with little competition, and it is the only one to offer a complete service in the region. Indeed, it sells and repairs transmission parts or rebuilds torque converters.
This business has a very large choice of power train parts and differential parts for any type of transmission or transfer case.
The firm is also at the forefront of technological development in torque converter repairs, of which it has a large inventory. The reconstruction of torque converters is addressed to cars, industrial vehicles and marine vehicles as well.
The business has a building with offices, a kitchen, 2 toilets, a storage and a large workshop equipped with the necessary tools. There is also a second building with a surface area of around 3,200 sq. ft. They are included in the selling price.
Finally, this company has maintained a solid reputation over the years thanks to its professionalism and the quality of its service. Thanks to this reputation, it enjoys a loyal and regular clientele.
The future buyer could take advantage of the company’s reputation to develop the repair activity to general mechanics.
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