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Lawrence/Kennedy
(Toronto, Ontario, CA - M1P 3J7)
$300,000
Business for Sale-Reduced
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"Franchise Tire Sales since 1986 #1 Store"
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Gilbert Realty Inc., Brokerage
Daniel Gilbert, Sales Representative, Gilbert Realty
Email Daniel
Phone:
(647) 350-4040
Fax:
1-888-217-7183
Details
Address:
1530 Midland Ave
Type:
Commercial
Style:
Corner end unit with high visibility
Bathrooms:
2
Size:
11,381 sq. ft. "Current term ends Nov. 30, 2013 + 5-year option"
Lot Type:
Rectangular
Description
Franchise tire store for sale. #1 store in total sales in Ontario. Franchise established in this location in 1986. $7.9 million in sales in 2011 as per franchise reports. Gross profit of $1 million. Two-thirds of gross profit from wholesale and one-third from retail operation. Very profitable. Franchise reports available for last 3 years to verify sales and gross profit. Financial statements also available. Wholesale expected to decrease by 20% in 2012 . Owner plans to focus more on higher margin retail sales.
Features
Interior Features
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Alarm System
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Ceiling Fan
Sewer/Water Systems
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Public
Exterior Finish
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Brick
Lot Features
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Corner Lot
Roof
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Asphalt
Extra Features
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Public Transportation
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Storage
Brokered and Advertised by:
Re/Max Realtron Realty Inc., Brokerage
P2#52786092
Information is deemed to be correct but not guaranteed.
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