Auto RepairLangleyFraser Valley

Langley Auto-Repair Shop Sold to a First-Time Owner-Operator

A profitable Langley auto-repair business transitioned to a skilled technician buyer using vendor-supported financing.

Time to close
8 months
Multiple achieved
~2.8× SDE
Buyer type
First-time owner-operator (with vendor take-back)
Market
Langley, BC

The challenge

The most motivated buyers were skilled technicians who lacked the full purchase price. Equipment age and a lease assignment also needed to be addressed.

How we approached it

  • 1
    Structured a vendor-take-back component to widen the qualified-buyer pool
  • 2
    Documented equipment condition and negotiated a clean lease assignment
  • 3
    Screened for technicians with management capability and a credible down payment
  • 4
    Coordinated lender financing alongside the seller note

The outcome

Sold at roughly 2.8× SDE to a technician-turned-owner. The vendor note was structured conservatively and retired ahead of schedule.

Services applied

Details anonymized and figures rounded to protect client confidentiality. Outcomes vary with market conditions, business quality, and timing.

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Selling a auto repair in Langley?

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