Listing Number: 3301-911871
Description
A success story in the car repair arena is looking for a new buyer in the GTA.
Attractive business opportunity offering solid financials, well trained employees and repeat clients, steady cash flow.
Seller financing available for serious buyers with cash.
Selling Price: $975,000
SDE: $355,000
Down Payment: $650,000
Established in early 1990s and grew to become a one-stop shop for all automotive needs for individual and commercial clients.
The business caters towards all vehicles such as: cars, trucks, industrial, speed boats, ATVs, and other.
It also incorporates a wholesale and retail distribution of spare parts nationwide.
Owner is offering a one month free of charge training and is willing offer longer periods of training and support subject to mutual agreement and is also open to a Management agreement to help the new buyer run the business, if the buyer comes from a different industry or if the buyer has multiple locations, for 1 year and extendable if required.
INCLUDED IN SALE:
* Fully Equipped Automotive Repair Shop
* Advanced Integrated Website
* A Minimum Of $20,000 of Inventory
* Seller Financing
* Integrated Client Payment Solutions 0% Interest Rate
* 1 Month Free Training
* The Possibility to Extend the Training Period and Help with Management
* Owner Is Open to a Management Agreement for One Additional Year
*** The Confidential Information Memorandum (CIM) will be accessible exclusively to qualified buyers who have completed both a Non-Disclosure Agreement (NDA) and a Buyer Profile (BP).
Listing Details
- Price: $975,000
- Down Payment: $650,000
- Sellers Discretionary Earnings: $355,000
- Total Sales: $755,000
- Location: Regional Municipality of Peel, Ontario
- Inventory: $20,000
- FF&E: $85,000
- Employees: 5
- Year Established: 1991
- Reason for Selling: Other investments
- Category: Automotive
