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301 Rexdale Blvd., Toronto, Ontario, Canada

Auto Repair Business Specializing in Fine European Sports Cars

For Sale

Business Description:

Share Purchase Sale Offering.

High-end Auto Repair Business for Sale.

Opportunity to purchase a well-established & provincially known operation located in the heart of the GTA.

Their excellent and longstanding reputation for quality workmanship and customer service is well known in Toronto and throughout the Province of Ontario.

This perfectly located turnkey auto repair operation has been in business for 10+ years.

The shop has 5 bays and specializes in servicing high-end luxury European vehicles, such as:

    • BMW, Mercedes, Land Rover, Porsche, Maserati, and other premium brands.

The business offers a full range of automotive repair services including engine diagnostics, tune ups, brakes, shocks, front-end repair, and major engine work.

Additional extras include but are not limited to:

    • Full office, lunchroom, upper floor storage, front desk office, large waiting area and a ton of parking.

Other assets include the proper machinery, equipment, and technology to diagnose and repair luxury vehicles.

New Lease negotiable with a share of the Utilities as determined by the Owner.

Business has not been affected by COVID-19 Global Pandemic.

Plenty of safe outside parking on the premises with additional parking at the rear of the property.

Experienced employees with extensive knowledge of European vehicles will support an entrepreneurial new owner who wishes to further grow the business.

The property owner will provide a long-term lease with an option to renew for the buyer.

MLS Number ® W5385832

Business Summary:

Location: Toronto (Etobicoke), Ontario, Canada

Sale Type: Share Purchase Sale Offering (Selling the Shares of the Corporation)

Sale of Business without the Property

Real Estate: Leased

Unit Square Footage: 5,000 sq. ft. (+/-) with 2 x Drive-in Doors | 5 Bays, 4 Hoists

Taxes: $2000.00 (2021) T.M.I.

Lease Terms: 60/120

Insurance: $7,000.00

Employees: 4 

Parking: 6 designated spaces

Additional space at rear of property

Inventory: Included in the Asking Price

Hoists & Equipment: All Hoists and Equipment Included in the Asking Price

Fleet Account: Established Local Car Rental Fleet Account

Additional Notes:

Do Not Go Direct. Do Not Disturb Employees or Owner’s Customers.

Please respect the privacy and confidentiality interests of the owner and assume that employees and members do not know the business is for sale.

The owner maintains a clean and organized business with books and records.

Income Statements and Financials available upon signing a confidentiality agreement after a scheduled showing.

Seller will provide a list of exclusions at time of conditional offer.

Owner will to work with new buyer for six (6) months to ensure a smooth transition.

Sales Price:

$799,800.00 Cdn*

(*Sales Price includes the Business + Assets + Chattels / Equipment + Inventory)

Appointment: Thru Listing Broker – COVID Protocols in Place

Buyer or Buyer’s Real Estate Agent to verify all information and measurements in order to make an informed offer.

For further details contact:

Stuart Malcolm Sankey, Salesperson
Re/Max Hallmark Realty Ltd., Brokerage
968 College Street
Toronto, Ontario, Canada
​M6H 1A5
Office: (416) 531-9680
Direct: (416) 669-9090
Email: stu@stusells.ca

Jennifer June Sankey, Broker
Re/Max Hallmark Realty Ltd., Brokerage
Direct: (416) 882-7387

Realtor Website: www.StuSells.ca

Re/Max Hallmark Realty Ltd., Brokerage

"Raising the Bar"

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No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to error omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

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