Very Profitable Independent Retail & Wholesale Tire Dealer in Eastern Ontario

Listing ID:
OTTAWON001-N1376

Confidential, Ontario, Canada

Tire and Tube Merchant Wholesalers

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Clancy Hoy

clancy.hoy@sunbeltcanada.com

Description

This is a very profitable, turn-key business, with an excellent reputation and long history. It also dominates a very profitable niche market in the region. The owner wishes to retire but will stay on to help with the transition. Already benefitting greatly from repeat and referral business, there is ample opportunity to grow wholesale accounts, and the capacity to increase retail and wholesale sales. Plus, the option to purchase the land and building. For more information about this exciting acquisition opportunity, contact Clancy Hoy at clancy.hoy@sunbeltcanada.com or call (613) 731-9140 x240.

Financials

Asking Price:$1,450,000
Revenue:$2,540,000
Cash Flow:N/A
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$108,000 (Included in Asking Price)
Inventory Asking Price:$300,000 (Included in Asking Price)
Financing Available?No

Property

Asking Price:$0
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:
Year Acquired:
Full-Time Employees:5
Part-Time Employees:5
Reason For Sale:Retirement