506055 Highway 89 Highway, Mulmur, Ontario, Canada, L9V0N6

399,000
for Sale

About the property:

Turnkey OMVIC-registered auto dealership - 13 years of continuous operation with $1M+ in annual sales. Fully equipped and running from day one. Rent only $960.50/mth incl. utilities, a cost structure almost unheard of in this industry. Storage for approx. 50 vehicles: open lot fronting the office holds approx. 20 units, plus a separate secured gated compound for another 30. Buyer inherits a complete operating platform - established website, DealerTrack financing portal, 4 dealer plates, buying privileges at leading auctions across Canada and the US, relationships with 2 warranty providers, National Exhaust parts account, and processing access at several ServiceOntario branches incl. Saturdays. Working capital already arranged: $100,000 floorplan financing (increasable subject to credit) plus a further $100,000 exterior credit facility. No prior experience required - vendors will train the incoming owner. Ideal for enthusiasts, passive investors, or first-time business buyers. Financials available to qualified buyers on signed confidentiality agreement. 4 dealer plates, DealerTrack portal, established website, 2 warranty providers, National Exhaust account, ServiceOntario processing access (Sat. included). $100K floorplan + $100K exterior credit. Approx. 50-car capacity. Vendor training provided.
Sale Of Business false
Property Type:
Sale Of Business
Status:
for Sale
Business Type:
Automotive Related
Heating Type:
Other
Cross Street:
Hwy 89 & Hwy 10
Listing ID:
X13747254

Rooms

Dimensions

Brokered by:
Executive Real Estate Services Ltd.
Source: TRREB/PROPTX
Presented By:

Kapil Maggo

Sales Representative

Executive Real Estate Services Ltd., Brokerage*