Auto Repair Shop
For Sale
MLS Number: 168486
Opportunity to purchase a well-established & provincially known automotive re-manufacturing operation located in Kamloops, British Columbia.
Magnum Machine is a Western Canadian Specialist in 4X4’S, PTO’S, driveshafts and building engines.
Known for the manufacturing of these components, they’ve built a business with a great reputation.
With crew and staff in place that has been trained by the current owner.
This shop is known across Canada for their amazing work on transportation vehicles & logging trucks.
The business offers a full range of automotive re-manufacturing services including:
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- Drive Shafts – Custom Manufactured Parts & Repairs; and
- Engines – Manufacturing & Repairs (Domestic, Import, Marine, & Performance)
Additional extras include but are not limited to:
Full office, lunchroom, upper floor storage, front desk office, large waiting area and a ton of parking.
Assets Included in the Sale of the Business:
-
- Includes the necessary machinery, equipment and technology to diagnose and repair vehicles.
- Complete with signage, phone numbers, and massive customer database.
Assets Excluded in the Sale of the Business:
- Seller to provide a list of assets & equipment that are excluded at the time of conditional offer.
Magnum has a crew and staff in place that have been expertly trained. Anyone can manage the company and prioritize jobs.
Perfect opportunity for auto repair, custom repair work and re-manufacturing & industrial users.
This is your opportunity to be your own boss and take your career to the next level.
Business Summary:
Location: Kamloops, British Columbia, Canada
Sale Type: Sole Proprietorship
Sale of the Business without the Property
Real Estate: Not Included in the Asking Price.
Building Square Footage: 4,400 sq. ft. (+/-) with 4 x Drive-in Doors
Lot Size: 0.23 acres (+/-)
Taxes: 9,415.00 (2021)
Lease Terms: The Seller will provide Purchaser of the Business a long-term lease with an option to renew.
The Purchase of the Business is conditional upon working out a lease agreement with the Seller.
Parking Spots: 10 Vehicles
Inventory: Included in the Asking Price
Hoists & Equipment: All Hoists and Equipment included in the Asking Price.
Automotive Repair Business:
The Automotive Repair & Maintenance portion of the business shut down during the COVID Pandemic.
As a result of Seller’s Driveshaft business thriving during this time the Automotive Repair & Maintenance did not start back up when restrictions were lifted.
It certainly can be reopened.
Additional Notes:
Contact Listing Agent for Information on Leaseback Term and Rates.
Financials can be sent to qualified buyers with signed NDA.
Business has been approved by BDC for lending purposes, in the past.
The owner has offered to provide training to the new operator for a time period to be determined.
Provide ample notice for showings.
Do Not Go Direct. Do Not Disturb Employees
Option # 1:
Sales Price: $350,000.00 Cdn*
(*Sales Price includes: Business + Chattels & Equipment + Inventory)
Option # 2:
Sale of the Real Estate + Business: Contact Listing Realtor for further details.
Viewing: By Appointment Only
Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.
For further details contact:
Lisa Moonie
PREC (Personal Real Estate Corporation) - Realtor ®
800 Seymour Street
Kamloops, British Columbia
V2C 2H5
Canada
Office: (250) 374-1461 | Direct: (250) 320-5301
Broker’s Website: www.lisamoonie.ca
