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Established Auto Service And Repair Shop
Location: Canada -> Ontario -> Toronto
Industry: Auto Related > Auto Repair




Business Summary

In business for 30 years, this auto repair and service shop for sale is an established fixture in its Toronto community. The shop has been bringing constant revenues of approximately $500,000 annually, with approximate 25% profit to owner, before taxes.

What separates this opportunity from other similar businesses is the niche market that the current owner has managed to carve for his business. Establishing itself as a preferred service provider to a number of reputable truck fleets and companies in Toronto, the business brings steady corporate revenues each month.

The business is completely set up and has working equipment and assets in excess of $100,000. Combined with constant monthly receipts of over $40,000 and a relatively low rent, this makes acquiring this business a great opportunity for an owner operator interested in this line of business.

Seller is motivated and willing to work with buyer during a mutually agreeable transition period. To facilitate the potential sale, owner is willing to do the deal as an asset transaction.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $490,000
Cash Flow:   $123,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $106,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1979
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Retirement.

Photos

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Established Auto Service And Repair Shop Photo 1




Print Listing Id: 700118176
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Related Searches: Auto Dealers  >  Auto Parts Retail and Distribution  >  Auto Rental  >  Auto Repair  >  Car Wash  >  Gas Station  >  Other Auto Related  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Ontario Businesses For Sale > Ontario Franchises For Sale



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