The Process of Selling a BusinessThis Northeastern Ontario Business provides a range of automotive products, services, maintenance and repairs, and is the largest independent automotive service center in their respective area. The Business serves a recurring general public customer base as well as ~75 fleets of recurring commercial customers. The Business has developed partnerships with local suppliers located in close proximity and also leverages buying power provided through the Franchise. The recently-renovated ~10,000 sq. ft., 3-overhead door, 11-bay facility (Recently Appraised Value of ~$1,350,000) is located in a developing area of the community and is also available for sale. The Business has a knowledgeable, trained management team in place and a team of Red Seal Mechanics. The Seller will ensure support, training, and knowledge transfer for an agreed upon transition period.
Business ID: NONT0026
Business Category: Motor Vehicle and Parts Dealers
Location: Ontario, Northeastern Ontario, Northeastern Ontario
Status: New
Asking Price: $ 650,000
Gross Revenue: $ 2,400,000
SDE: $ 315,000
FF&E (included): $ 250,000
Inventory: On request
EBITDA: On request
Down payment: $ 100,000
Occupancy Cost: On request
