Auto parts store and small engine repair with building, Princeton: first read
Source: Business Finders Canada listing MLS 1532 (share sale), read 2026-10-27. Listing figures are the seller's.
Auto parts, heavy-duty parts and outdoor supply store with a small engine and power equipment repair shop, Princeton, listed at $1,100,000 as a share sale with reported annual sales of $2,307,000 and cash flow of $225,000 (listing figures). Over 50 years in operation in a 7,200 square foot building built in 1975 that is included in the price; hydraulic hose assembly and chain sharpening services; warranty dealer for several outdoor power equipment brands; long-term staff; inventory of about $600,000; financial information under an NDA; last updated 2026-01-22.
First read: the bundled price is 4.9x the stated cash flow, and about $600,000 of it is inventory, so the building and the goodwill together are priced at about $500,000. At 20% buyer equity, a 15% vendor take-back and a 65% term loan on the full price, debt service would run about $172,000 a year; the listed cash flow covers that about 1.3 times, near the 1.25x a lender usually looks for, and about 0.92x at 30% lower cash flow. Financing the building as real estate on a longer amortization would ease that, but only once the building has its own appraised value. Because it is a share sale, the company's history comes with it, including a 1975 building that has housed automotive and engine work.
The three things a buyer should check first
- An appraisal of the building, and an environmental site assessment, since a share sale carries any contamination with the company.
- A dated inventory count at cost with ageing by line, and how much of the $600,000 is slow-moving or obsolete.
- Which dealer and warranty agreements survive a change of control, and the owner's own wage and hours inside the $225,000.
A Deal Risk Screen on this listing would rebuild the earnings, score the four risk pillars, set out the price the cash flow supports at a stated coverage, and give the five questions to ask before an LOI. Two sample screens are on the samples section of the home page.
This note is general information from public listing figures, not advice on this purchase. Deal Diligence has no connection to the seller, the broker or the business.