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Mechanic shop beside GO station!

142 Cross Ave -

 

Automotive Repair Franchise, In The Parking Lot Of The Oakville Go Station>3,000 Cars Parked Daily!!  On Main Road Across From Major Shopping Center And Neighbouring Oakville GO Station.Completely Turnkey W/ Existing Clientele, Over 20 Years Of Service In Oakville, #1 Google For Oakville Mechanic Great Open Floor Plan Layout. Fully Staffed With Licenced Mechanic, And Apprentice. 

 

Multiple Locations And Proven Business Model. Franchise Will Train. Automotive Experience An Asset, Not A Requirement. Fleet Accounts will stay.

 

5 Bays, 1 Driveon Alignment, 3 Above Ground Eletric Hoists ; All certified & Fully Equipped. 1 Large Drive in Door 10' x 14'.  No Additional Franchise Fee, Leased Until 2022 + 2, 5 Yr Option.Attractive Sub-Lease In Place Reduces Your Lease & Tmi To Only $4,800/M!

 

NET Lease:

Dec.1 2015 to Nov.30 2019 = $4,000/m (Master Mechanic only)

Dec.1 2019 to Nov.30 2022 = $ 5,000/m (Master Mechanic Only)

Sublease of 30 parking and portion of reception to AVIS Car Rental offsets lease.  Sublease pays 5,500/m until March 31 2022. Has been Renewed for another 5 Year

Current TMI: 1200/m

Sales:

 

Franchise:

6% Royalty on Sales.

 

Historic Sales:

 

 2013 $417,651

- 2012  $218,467 (was closed for 4 months during relocation, owner was on sick leave Dec. 2011- Sept. 2012)

- 2011 $348,566

- 2010 $504,956

- 2009 $586,530

Property Details

  • ID: W2894666
  • Status: Active
  • Lot Size: 60 x 330 Feet
  • Property ID: 100956527
  • Parking Type Description: Surface 0 cars
  • Estimated Annual Taxes: $3
  • Style: Business
  • New Construction: No
  • Neighbourhood: Old Oakville

Features

External Sprinklers, Sewers - San+Storm Avail
Internal Water - Municipal, Utilities, Seats - 0, Heat Type - Gas Forced Air Open, Air Conditioning
Other Use - Automotive Related, Hours Open - Na, Freestanding, Franchise
Listed By Ryan Anderson of CENTURY 21 Millennium Inc., Brokerage*