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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Ontario Businesses For Sale Categories   >>   

Established Auto Service And Repair Shop

Location  Ontario,Canada
Asking Price Range  < $250K
Gross Revenues  $490000
Net Profit / Cash Flow  $123000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1979
Number of Employees  1 - 3
Inventory  106000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Retirement.
Description  In business for 30 years, this auto repair and service shop for sale is an established fixture in its Toronto community. The shop has been bringing constant revenues of approximately $500,000 annually, with approximate 25% profit to owner, before taxes. What separates this opportunity from other similar businesses is the niche market that the current owner has managed to carve for his business. Establishing itself as a preferred service provider to a number of reputable truck fleets and companies in Toronto, the business brings steady corporate revenues each month. The business is completely set up and has working equipment and assets in excess of $100,000. Combined with constant monthly receipts of over $40,000 and a relatively low rent, this makes acquiring this business a great opportunity for an owner operator interested in this line of business. Seller is motivated and willing to work with buyer during a mutually agreeable transition period. To facilitate the potential sale, owner is willing to do the deal as an asset transaction.
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