Successful Tire Sales and Auto Truck Shop

ASKING PRICE:
$42,500,000

LISTING DETAILS:

LISTING ID: 3223

TYPE OF SALE: Yes

MLS CODE: Exclusive

INDUSTRY: Automotive

REASON FOR SALE:

TRAINING & SUPPORT: Yes

DESCRIPTION:

Great opportunity to own a reputable tire and lube shop operating successfully since 1963 • Specializing in quality tire repair and maintenance for all trucks and passenger vehicles • Roadside services for all OTS and Truck tires • Currently the divide in service is 60% trucks and 40% passenger vehicles • Shop boasts over 6,000 sq.ft of well-used space which includes 2 fully-equipped bays • Located on a central and busy commercial and industrial road in North York minutes to Highway 400 • Steady sales and attractive gross profits • Shop is fully-equipped and well-maintained • Equipment and tools in great condition • Shop is well recognized with excellent word-of-mouth for quality workmanship and outstanding customer service • Large database of regular customers that have been attending the shop for over 30+ years • Trained and licensed staff in place that are willing to stay under new ownership • Business sale comes with established contracts in place for truck tires. Listing ID: 3223

COMPANY INFORMATION:

YEAR ESTABLISHED: 1963

FRANCHISE: No

SQUARE FOOTAGE: 6,000 sq ft

MONTHLY RENT: $5,416 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $120,000,000

SDE: $16,700,000

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

FOR MORE INFORMATION ON THIS LISTING, PLEASE COMPLETE OUR NON-DISCLOSURE AGREEMENT

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.

SOLD

CONTACT US ABOUT THIS LISTING11

CALL US:

+1 (416) 333-7999

TEXT US:

(647) 558-2180

EMAIL US:

info@aldrin.ca