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603 Alpha St

Victoria, BC V8Z 1B5
  • $199,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 910416
UPDATED: 66 min ago
$199,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Business Opportunity
Area:

Description

Long standing reputable OK tire franchise and automotive repair business with large customer base, good income, and proven track record. Two employees include one unlicensed mechanic, and a front counter staffer with mechanical experience. Both been with the business for about 8 or 9 years. Owner is a licensed mechanic and works full time in the shop area. Sale of shares preferred. Approx 10+ parking spots and a 2560 sf well laid out block building, featuring three hoists, storage areas, & office area. Owner will lease back building at market rates. Chattell list, financial statements & recast financial statements showing EBITDA are available upon signing non disclosure agreement. Franchise agreemnet is available. Approiximately 80% of the net income is from repair work, and remainder from tire sales. Tire franchise has been in place for about 10 & automotive repair component for 30 to 35 yeras. Owner is retiring but will facilitate transition. DO NOT APPROACH ANYONE ON SITE

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-08-14T20:22:20.697.
www.callvictoriahome.com/homes/131323469
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603 Alpha St Victoria, BC V8Z 1B5

  • Price: $199,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 66 min ago
  • MLS #: 910416
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighbourhood:
Vi Burnside
Area:
Victoria
School District:
Capital Regional District
Property Description
Long standing reputable OK tire franchise and automotive repair business with large customer base, good income, and proven track record. Two employees include one unlicensed mechanic, and a front counter staffer with mechanical experience. Both been with the business for about 8 or 9 years. Owner is a licensed mechanic and works full time in the shop area. Sale of shares preferred. Approx 10+ parking spots and a 2560 sf well laid out block building, featuring three hoists, storage areas, & office area. Owner will lease back building at market rates. Chattell list, financial statements & recast financial statements showing EBITDA are available upon signing non disclosure agreement. Franchise agreemnet is available. Approiximately 80% of the net income is from repair work, and remainder from tire sales. Tire franchise has been in place for about 10 & automotive repair component for 30 to 35 yeras. Owner is retiring but will facilitate transition. DO NOT APPROACH ANYONE ON SITE
Exterior Features

Construction Materials Block Entry Location Main Level Lot Features Central LocationLevelShopping NearbySidewalk Lot Size Dimensions Rectangular Parking Features On Site Parking Total 10 Road Frontage Type HighwayStreet Road Surface Type Paved View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring ConcreteMixedTileVinyl Foundation Details Concrete Perimeter Heating BaseboardElectric Heating YN Yes

Property Features

Building Features Loading Bay(S)ParkingStorage RoomSee Remarks Existing Lease Type Sale Of AssetsSale Of SharesSee Remarks Number Of Units In Community 1 Ownership Leasehold Property Sub Type Business Sewer Sewer Connected Tax Annual Amount 13579.4 Tax Jurisdiction City Of Victoria Tax Year 2021 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedGarbageNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedRecyclingSee Remarks Water Source Municipal Zoning M-1

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Coldwell Banker Oceanside Real Estate and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2022-08-14T20:22:20.697.
 
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Call Victoria Home | Sutton Group-West Coast Realty
103 4400 Chatterton Way
Victoria BC, V8X5J2