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High Rio Automotive Franchise In Calgary, Alberta For Sale

Calgary, Alberta, Canada
Asking Price:
$6,375,000 (CAD)
Sales Revenue:
$8,500,000 (CAD)
Cash Flow:
$2,550,000 (CAD)

Multiunit with dependable cash flow and minimal oversight

Disruptive automotive franchise with a B2C focus. Simple, repeatable operations generating strong cash flow with 70+% repeat customer rates. Located in retail-dense trade area with the following characteristics:

- 1,700 Sq. Ft. freestanding building with 90 feet of retail frontage on a main road
- Over 30,000 vehicles per day passing by the site on average
- Full access and visibility from the traffic light
- 3 mile household income averaging $70,000
- 3 mile population north of 90,000

Property Information

Location:

Calgary MSA

Size in square feet:
1,700

Business Operation

Expansion Potential:

Top line grows at a healthy rate year over year due to high retention of existing customers and continued investment in new customer acquisition.

Competition / Market:

Excellent, differentiated customer experience produces high repeat customer rates; quickly gaining market share in a highly fragmented segment of the automotive market.

Trading hours:

M-F 7am-8pm, Saturday and Sunday open with different hours.

Employees:
8
Years established:
1988

Other Information

Support & training:

Full suite of training programs and support provided to ensure smooth operations. Marketing support teams leverage data collected throughout the customer journey to drive repeat business and win new customers.