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The Internet's Largest Business for Sale Marketplace |
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The Internet's Largest Business for Sale Marketplace |
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Asking Price  |
$300,000 | Inventory |
$50,000** |
|---|---|---|---|
| Gross Income |
$700,000 | Real Estate |
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| Cash Flow |
$106,000 | Year Established | 1960 |
| FF&E |
$100,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
This 6 bay franchise is located in the west end of Ottawa. It has been in operation for over 45 years and is a turn key operation. The owner is moving to Toronto to persue a different carreer. The sales have been stable for the last 15 years and has transitioned from an exhaust shop to a full service garage.
Facilities: The property is owned by Midas Corperate. There is 10 years left on the lease with options for renewal. 6 Bays plus additional parking for 16 cars
Support/Training: Extensive training from franchisor plus support from the Midas Dealers Association
Reason Selling: moving to Toronto
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