Revelstoke Auto Business With Living Space For Sale

Business description

ATTENTION MECHANICS AND SNOWMOBILERS.
LIVE, WORK AND PLAY IN REVELSTOKE!

On the market is the following property:
This is an ideal opportunity for someone to own a piece of commercial property AND have a ready established business AND have somewhere to live. Ideally suited for a mechanic this almost 1 acre site comes with a fully equipped service workshop, storage and an adaptable retail/living space.
Currently a Yamaha dealership, the owners are selling the land, buildings and equipment (the Yamaha dealership is terminating). The reason for selling is that the mechanics position can not be filled (no mechanics and soaring housing costs since Revelstoke is becoming a resort with the building of Revelstoke Mountain Resort http://www.discoverrevelstoke.com).
The property is zoned M3 commercial which allows for a caretaker residence. Therefore the versatile retail store above the service shop can easily be converted to a residence. Live & work on the site.
Furthermore another snowmobile/ATV/Bike service shop has just closed (retired) and Revelstoke now has a desperate shortage of recreational vehicle servicing. Currently there are a queue of customers requiring service and are subsequently going out of town.
This large site also has the potential for additional income generating secure storage. Revelstoke has a shortage of such secure storage that snowmobilers in particular recently identified as a need.
A description of the property follows:
? 1021 Sandstone Road, 0.86 acres.
? Fully fenced and enclosed with 7ft chain link fence (all new). 3 separate roller gate entrances.
? 42 foot outbuilding for ATV & snowmobile storage.
? Security cameras, security system and automatic outside lighting.
? Ample parking at all aspects of the property.
? Zoned M3 (no problem with noise issues at this site).
? Main floor of building 2059 sf (2 offices, 1 kitchen, 1 restroom, 1 main retail area, front showroom). Could easily be converted to a residence.
? Lower floor, workshop, office and restroom - 1444 sf
? Total gross floor area 3503 sf.
? Constructed in 1996

Workshop includes (approx. $25,000 depreciated equipment, all fairly new and in good condition):
? Bench drill
? Metal band saw
? Bench grinder
? Snap on air compressor tire changing machine.
? Bike jack
? Gas welding equipment
? 12 ton shop press
? KL gas analyzer
? Hydraulic lift (sunk in pit)
? Various workbenches, tool storage racks.
? Tools including many Yamaha & Honda specialty tools.
? Air compressor
? Various compressor tools
? Various spare parts, nuts, bolts, washers, crimps etc.
? O/B motor stand
? O/B motor water tank

This is a very unique, rare and extremely affordable opportunity for a mechanic or enthusiast to establish themselves in Revelstoke at the beginning of this towns boom. Their potential business is already established in a working facility with a loyal customer base.

Price is $525,000.

Property information

Real Estate:

Real Property Included

Living accommodation:

The property currently runs a retail store also. Therefore (and as allowable in the zoning) the retail store upstairs could easily be turned into quite a spacious living accommodation. heating, plumbing etc. is already in place. Average house prices in Revelstoke now are at around $400,000.

Location:

Within City limits west of Revelstoke, commercial area. 5 minutes from town centre. 1/4 mile from Trans Canada Highway 1.

Other information

Expansion potential:

Business depends on your reputation as a mechanic. Providing you are a good mechanic, can give good and reliable service and customer satisfaction there is plenty of scope for growth. Revelstoke is at the brink of a boom town (hence housing is at an all time high). There is scope at the property for secure storage or storage units for recreational vehicles. Don't forget Revelstoke is the top destination for snowmobilers - thousands arrive here every winter - there are only two other low key snowmobile repair shops!

Competition / Market:

Very little competition, more business than current suppliers. With cost of fuel rising there are more people turning to motorbikes and scooters. There is no other motorbike shop in town.

Support & training:

Whatever is required short term. But if you are a qualified mechanic you should be good to go immediately.

Reasons for selling:

I'm not a mechanic and I can't find a mechanic due to the shortage. If there is no mechanic I can't run the service side of the business or the Yamaha dealership. I plan to run the retail side of the business seperately but within a downtown location.

Trading hours:

8 till 5

Furniture / Fixtures value:

$35,000

Contact the seller