46
$399,000 Sale
Listed 38 days ago
506055 HIGHWAY 89 HIGHWAY
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Key Facts
Key facts for 506055 HIGHWAY 89 HIGHWAY
Property Type
Commercial
Parking
Garage: No, 50 parking
MLS #
X13747254
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
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 ho...lds 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. (id:10452)
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Listing courtesy of: EXECUTIVE REAL ESTATE SERVICES LTD.
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