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506055 HIGHWAY 89 HIGHWAY, Mulmur, Ontario

$399,000

MLS® X13747254

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. (id:56426)

HAMDI ABBAS CHOLA

Listed by EXECUTIVE REAL ESTATE SERVICES LTD.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
3,571
Median household income
$114,000
Median home value
$800,000
Owner-occupied
95%
Homes for sale
66
Median list price
$1,280,000

Source: Statistics Canada 2021, LiveBy

Map of Mulmur
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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