Automotive Repair Shop & Business
For Sale
MLS ® 1273612
Automotive Repair Business + Real Estate
Suitable for owner operator, value-add investment or re-development.
Bonus is rented bachelor apartment on second floor
This thriving successful turn-key business has been operating for 11yrs with regular loyal clients.
M&SS Auto is located on a highly visible corner lot in a high traffic area of downtown Carleton Place.
Canada's Mississippi River, a tributary of the Ottawa River flows through the town. Mississippi Lake is just upstream by boat, as well as by car.
The current operation offers a full range of automotive repair services including:
- Automotive Maintenance, Auto Repair, Tire Sales & Installation, Oil Changes and more.
This 1,100 sq ft. (+/-) repair shop facility with two (2) drive in doors features the following;
- Includes customer reception area, front office, stock room;
- 2 x Drive-In Doors: 9 feet (h) x 10 feet (w);
- Clear Height: 12’;
- Parking for 18 Vehicles: 12 in Front and 6 in Rear;
- Concrete block building with metal siding;
- Lot Size: 0.23 acres (+/-).
- Dimensions: 108.25’ (+/-) Frontage x 90.37’ (Depth)
- Central Air in Office & Apartment;
- Plus 20 foot shipping container for client tire storage; and
- New architectural 30yr roof shingles put on the building in 2021
The one-bedroom bachelor apartment above the office currently rented for $800/month (including heat & hydro) on a month to month agreement.
Mississippi Transitional Sector/Commercial Zoning uses permitted
Electrical Power is 200 Amp Breakers with 2 subpanels.
Perfect opportunity for Automotive Repair, Used Car Sales, Tire Shop, Glass Installation & Commercial users.
Assets Included in the Sale of the Business:
- Pylon Sign, Office Desks, Computer;
- Shelving, Nuts & Bolts Cabinet, 20T Hydraulic Press;
- Strut Spring Compressor, Tire Balancer, Alignment Machine;
- 1400lb scissor lift, new 2020 10,000lb 2-post hoist;
- 5yr old tire machine, air compressor, oil & transmission fluids;
- Overhead heater - gas furnace, exhaust fans, two refrigerators and stove.
- Oil and coolant drain into holding tank.
Assets Excluded in the Sale of the Business:
- Hand Tools, Diagnostic Tools, Red and Green Tool Boxes
Annual Taxes & Utilities Information:
- Annual Property Taxes: $8,259.00 (2020)
- Hydro Costs: $2,637.00 (2020)
- Natural Gas Costs: $2,588.00 (2020)
- Water / Sewer Costs: $1,110.00 (2020)
- 50 Gallon Hot Water Tank is a Rental at $25.00 per Month
Why Carleton Place?
- Carleton Place is a town in Eastern Ontario Canada in Lanark County, approximately 20 minute drive to Ottawa and 4.5 hours to Toronto. Carleton Place is located directly on Highway 7 on the Trans-Canada Highway.
- Carleton Place is home to a wide variety of unique businesses and services. Local businesses thrive in our downtown corridor, with tree-lined streets and fantastic heritage architecture many municipalities would envy. Many manufacturing and technology based businesses also call Carleton Place home, adding to the economic mix and contributing to the business diversity.
- Proximity to Ottawa, Toronto, Montreal and US Borders.
- Close proximity to highway networks (7,15,417,174,401)
- Existing Industrial Areas with lower operational costs than in urban centres.
- Educated Workforce with reasonable starting wages.
- Easy access to high quality skilled trades workers.
Feel confident to grow your business with a strong and loyal client base. Book your showing today.
Additional Notes:
Share Purchase Sale Offering
Financials available for qualified buyers with signed Non-Disclosure Agreement.
Please respect the privacy and confidentiality interests of the Owner and assume that employees and members do not know the business is for sale.
Please adhere to all COVID protocols. All appointments must be confirmed by Listing Agent.
Please provide ample notice for all showings.
Do Not Go Direct. Do Not Disturb Vendor or Clients.
Sales Price:
$859,000.00 Cdn*
*Sales Price includes: Real Estate + Business + Chattels & Equipment
Viewing: By Appointment Only
Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.
For further details contact:
Stephanie Mols, Salesperson
Century 21 Explorer Realty Inc., Brokerage
145 Bridge Street
Carleton Place, Ontario K7C 2V6
Canada
Office: (613) 253-2121 | Direct: (613) 812-5510
Email: stephanie.mols@C21.ca
