75 Yr Old Tire and Auto Repair

75 Yr Old Tire and Auto Repair

75 Yr Old Tire and Auto Repair

LISTING DETAILS

Listing ID: 3425

Type of Sale: Asset
MLS Code: Exclusive
Industry: Automotive
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $990,000

ASKING PRICE
$990,000
DESCRIPTION

This full-service automotive repair shop with six drive-in bays, a waiting lounge and customer shuttle service dominates the area it serves in western Ontario. Plus, they have some unique related revenue streams as tire specialists. Together, sales totals $2M and there is at least one product line they could add for significantly more revenue. You would be the fourth owner of this 75-year-old business. Trusted and respected in its community, they have earned the business of three generations of customers. Now it's time to retire. Their stand-alone 10,000 square-foot facility sits on a 1.2-acre lot - also for sale separately, although preference will be given to buyers who acquire both business and
property. Property sale @ $1.4M CAD. Listing ID: 3425

COMPANY INFORMATION

Year Established: 1947

Franchise: No
Square Footage: 9,600 sq ft
Real Estate Included: No
Real Estate Available: $1,400,000
Monthly Rent: Seller Owns Property

FINANCIAL INFORMATION

Gross Revenue: $1,800,000
SDE: $253,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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