Listing Number: 3301-911871
Description
A success story in the car repair arena is looking for a new buyer in the GTA.
With solid financials, well trained employees and repeat clients, this makes the business attractive for buyers from different professional backgrounds.
The journey started in early 1990s and the business continued to grow 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.
In addition to the traditional auto repair, this business offers 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.
The owner 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 Equipment Automotive Repair Shop
* Advanced Integrated Website
* A Minimum Of $20,000 of Inventory
* 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: $ 1,100,000
- Down Payment: --
- 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
