Introduction: This truck service business is thriving and strategically positioned in a growing area in Alberta. It serves a vital role in the trucking and transportation industry. With a proven track record of growth and profitability, this business opportunity is ideal for investors or entrepreneurs looking to capitalize on a well-established operation.
Business Highlights:
- Prime Location:
- Strategically situated near major transportation routes, this business ensures a steady stream of customers seeking reliable and efficient lube services.
- Solid Financial Performance:
- Revenues have grown from $290,000 in 2022 to $778,000 in 2024, reflecting a 50.42% year-over-year growth rate.
- The projected gross revenue for 2025 is estimated at $2,000,000 based on continued operational excellence and expanded capacity.
- Attractive Pricing:
- Business, Land and Building Purchase Price: $3,500,000 CAD (approximately $2,400,000 USD).
- Operational Insights:
- Current operations involve half a dozen experienced lube technicians supported by two actively engaged owners.
- Projections suggest hiring two additional technicians to manage growth as sales reach $2 million annually.
- Cost Management:
- Per the proforma projections, operating expenses are optimized to maintain a net profit margin of 28% under ideal conditions.
Ideal Investor Fit:
- Experienced Operators: Individuals or businesses with automotive or transportation service industry expertise.
- Entrepreneurs: Investors eager to expand and optimize an established business with a loyal customer base.
- Community-Oriented Investors: This business is integral to Alberta’s vibrant transportation hub, serving as a critical service provider for truckers and fleet operators.
Canadian Business Immigration Opportunities: Purchasing this business can align with several Canadian immigration pathways, including:
- C11 Entrepreneur Work Permit: Suitable for individuals actively managing the business and demonstrating significant ownership.
- Provincial Nominee Programs (PNP): Alberta’s Entrepreneur Streams, such as the Rural Entrepreneur Stream, offer opportunities for investors planning to settle and operate businesses in Alberta.
- Intra-Company Transfer Program: Ideal for business owners looking to expand operations to Canada by establishing a related entity.
- Start-Up Visa Program: Though geared toward innovative ventures, it can be an option if additional innovative services are introduced to this business in Alberta.
Next Steps: Sobirovs Law Firm specializes in assisting foreign investors who are buying businesses and planning to relocate to Canada. We can guide you through the business purchase and immigration process, allowing you to focus on your investment.
If you are interested in this exceptional opportunity, please complete the form below to learn more.