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Auto Repair and Service Business for Sale in Kingston, Jamaica

Purchase a 20-year-old car repair business with past JMD 10M revenue, requiring strong management.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 39 thousand
EBITDA Margin 10 - 20 %
Industries Auto Repair and Service
Locations  Kingston
Local Time 4:49 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 68 thousand (Native Currency: CAD 95,000)
Reason: After migrating to Canada over six years ago, our business has experienced a significant decline in ... View More
Includes physical assets worth USD 3.6 thousand
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Business Overview
- Specializes in plastic bumper repairs, plastic welding, and comprehensive auto body services including refinishing, catering to both individual car owners and corporate clients.
- Offers niche services such as water tank repairs, diversifying expertise beyond automobiles to cater to homeowners.
- Strategically located in Kingston, the business attracts a steady stream of daily clientele ranging from 5 to 10 customers.
- Clients include prestigious embassies, government agencies, auto sales companies, taxi drivers, and individual vehicle owners, indicating a strong reputation across diverse sectors.
- Historically generated significant annual sales of JMD 10 million to 12 million when actively managed by the promoter, reflecting a proven revenue capability.
- The business primarily grows through word-of-mouth referrals and strategic advertisements, highlighting the quality of service and customer satisfaction as key growth drivers.
- The promoter is settled in Canada.
- Operates under full legal compliance with incorporation status and does not require additional operational approvals, ensuring smooth continuity of services.
Products & Services Overview
The business's top-selling services:
- Bumper repair, autobody repair, and refinishing are available to companies and individuals who own cars.
We also provide water tank repairs for homeowners.
Assets Overview
Tangible assets:
Air compressor.
Welding guns.
Spray guns.
Fixtures and fittings.
Intangible assets: 20 years of goodwill.
Facilities Overview
Office and workshop space is rented. It entails one office with a waiting and cashier area. One outside bathroom and a shed workshop with a zinc roof.
Rent - JMD 127,000/ month.
Area - 400 sq ft office, workshop - 1,000 sq ft, garage - 1,000 sq ft, customers parking - 2 spots reserved.
We are located in a plaza.
Capitalization Overview
The business does not currently have any loan. There are a small amounts of payables outstanding. The owners have some overdue tax debt. However, that liability will be the sole responsibility of the sellers because the business is registered as a 'Trading As' not a LLC.
The business has 2 partners with equal shares.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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