AN OPPORTUNITY TO TAKE OVER THIS WELL ESTABLISHED BUSINESS IN A STEADILY GROWING INDUSTRY WITH REPEAT AND LOYAL CUSTOMERS. POSITIVE CASH FLOW FROM DAY ONE!
- Asking Price:
- $850,000 (CAD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $750,000 (CAD)
- Cash Flow:
- $150,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 years on the original term
1 x 5 year option
- Leasehold Rent:
-
$36,000 (CAD) per annum
- Location:
-
The location provides convenient access for commercial clients, walk-in customers, and parts delivery, supporting the diverse revenue streams that drive this business.
- Premises Details:
-
Optimized for engine machining operations Dedicated electrical rebuild stations
Ample space for equipment and inventory Customer service and counter area Overhead crane capability
- Size in square feet:
- 3000-3500 sqft
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
This business has lots of room to scale. Digital marketing and online sales can be implemented
- Competition / Market:
-
There is very little direct competition in the market
- Reasons for selling:
-
The owner is retiring
- Trading hours:
-
Monday - Thursday 7:30-5:00
Friday 7:30-4:30
- Employees:
- 2 full time and 2 part time
- Years established:
- 1964
Other Information
- Support & training:
-
The current owner will stay on to train and under a management contract should that be acceptable to both the buyer and seller
- Furniture / Fixtures value:
- $150,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $300,000 (CAD) - included in the asking price
