BUSINESS DESCRIPTION
VR Business Sales in Edmonton AB presents: This popular automobile paint shop and windshield repair franchise is located in a south side industrial park in a fast growing area. The business was opened in 2006. This business was purchased by our seller 2 years ago, however, due to back problems he needs to sell the business.
Sales and profits have increased since the management change was made and he has a verbal agreement with a popular car rental agency where he does all of their paint work. The paint work in this business accounts for 80% of sales. The total leased space is 4,050 sq. ft. for $48k/year until June 2013. However, the owner has just agreed to sublease half of the space for $24k/year. The facility and equipment are in excellent condition and there is a new paint booth on site. This business is all set up and ready to go.
Perfect buyer for this business is a painter. Year to date performance is very strong versus last year at this time. This is a great time to purchase this blossoming business.
Expansion Potential
Perfect opportunity for an auto painter to purchase this franchise. Training on repairing windshields can be taken through franchisor. This is a growing business which fits well with anyone in the automotive business. Excellent shop space.
Market / Competition / Non-Competition Agreements
Contract with large car rental company provides 50% of revenues. Business is growing through word of mouth and the opportunity exists to grow even further. Low overheads and a fully equipped shop are included!