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Auto Repair Shop In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$2,200,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,300,000 (CAD)
Cash Flow:
$625,000 (CAD)

A auto repair shop located in North-End Toronto has produced exceptionally high profits (average 26% EBITDA) consistently for over 20 years. This enterprise is currently available for sale because the owner would like to retire. By catering to owners of high-end German vehicles, the annual sales for the business are in excess of $2,300,000. With 15 bays, the shop’s 6 certified technicians together with a manager and administrative assistant has drawn rave reviews from all of its satisfied clients by providing honest, reliable service to it’s wide and diverse customer base. The business’s well-developed procedures and practices ensure that margins are maintained and bottom,-line profits exceed expectations. The company compares well with industry benchmarks for both productivity and net earnings. This is an ideal opportunity for either an established industry player or an entrepreneur with a desire to be an essential part of the automotive field.

Property Information

Real Estate:

Lease

Lease Terms:

to be determined

Leasehold Rent:

$144,000 (CAD) per annum

Location:

Industrial area

Premises Details:

Self contained building

Business Operation

Expansion Potential:

This shop is well-located near affluent communities and owners of target vehicles. Because of a large lot and ample service bays, the business can continue to prosper.

Competition / Market:

There are a number of auto repair shops in the vicinity. This shop caters to better quality autos and has consistently drawn upon the entire G.T.A. Outstanding online reviews has boosted the effectiveness of its marketing campaigns.

Reasons for selling:

Retirement

Trading hours:

8 AM to 5 PM - 5 days per week

Employees:
15
Years established:
20

Other Information

Support & training:

As Required

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be discussed

Furniture / Fixtures value:
$225,000 (CAD) - included in the asking price
Inventory / Stock value:
$18,000 (CAD) - included in the asking price

Contact Information

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