Sell your auto repair shop or dealership

No. Under the Motor Vehicle Dealers Act, 2002, a registration is not transferable, so a buyer of the business assets applies for its own. A dealer corporation whose share issue or transfer brings any holder to 10 percent or more must notify the registrar, and changes in officers or directors are reported within five days.

Ontario’s Consumer Protection Act, 2002 deems every vehicle repairer to warrant new or reconditioned parts and their installation for at least 90 days or 5,000 kilometres, whichever comes first. The obligation stays with the repairer that did the work, and therefore with the company in a share sale. Selling an auto repair shop

Waste from servicing vehicles at a retail service facility, including used oil and antifreeze, is excluded under Regulation 347 only where the shop has a written agreement with an approved waste management system. Garages that service only their owner’s fleet do not qualify unless retail service is their main business.

Repair and collision networks acquiring independent shops, multi-franchise dealer groups adding locations, private equity funds building automotive service platforms, and licensed technicians acquiring a first shop. Technician retention and insurer relationships are what repair buyers price most closely.

Under Ontario’s Consumer Protection Act, 2002, a repairer may not charge more than 10 percent above an estimate given to a customer.

In Ontario, technicians the buyer keeps are treated as continuously employed, so their prior service carries over, provided they are rehired within 13 weeks. Their certificates of qualification belong to them individually and move with them. What happens to your employees