1055 First Ave W, Owen Sound ON N4K 4K7 Photo 1 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 2 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 3 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 4 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 5 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 6 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 7 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 8 1055 First Ave W, Owen Sound ON N4K 4K7 Photo 9

No driving directions were found. Please adjust your search.

Cash out from the GTA and have a running Business in the affordable Community of Owen Sound!

1055 First Ave W -

Higher Margin Specialist In Automotive Service Sector. 40 Year Business Operation In Some Location, Same Ownership. Work Comes From Industry & A Portion Is End User. Main Road Exposure. Turn Key Fully Operational. Best Brand In The Business, Exceptional Marking, Over 50 Locations & Proven Track Record. Auto Experience Not Req,, Just Business Leadership. All Equipment And Franchise Included With Franchise Training And Financing.

 

40 Years in the Same location

Essential Small Town Auto repair

Owner is retiring and leaving all Customers for New owner

Less Competition, Growing Community

Cash out from the Big City Life; 

have lower Rent, Low Cost Housing & make BIG PROFITS!!

 

Gross Sales

2016

$409,239.00

2017

$574,538.00

Fixed Monthly Expenses 

2016

2017 (projected)

Base Rent 

           1,500.00

              2,300.00

Additional Rent (TMI)

               900.00

              1,000.00

Wages

         10,459.91

            10,459.00

Insurance (Auto & Business)

           1,387.66

              1,387.66

Hydro(Utilities)

               441.66

                  441.66

Telephone/Internet

               305.91

                  305.91

Vehicle Maintenance 

               143.75

                  143.75

Waste collection

                 59.00

                    59.00

Advertisement(Print, web)

           1,384.08

              1,384.08

Maintenance

               143.75

                  143.75

Shop supply

               194.83

                  194.83

Accounting & Legal

               750.00

                  750.00

Credit Card Fees

               673.00

                  673.16

     

Total

 $      18,343.55

 $         19,242.80

     
     

Cost of Sales Based Monthly Sales of

2016 - $34,103.25

2017(projected) - $47,878.23

     

Parts

         10,748.66

            10,748.66

Oil

               416.66

                  416.66

Freight 

               375.50

                  375.50

Other Franchise Fee

           2,046.18

              2,786.09

Total

 $      13,587.00

 $         14,326.91

 

Property Details

  • ID: X3877690
  • Status: Active
  • Lot Size: 180 x 75.9 Feet
  • Property ID: 101254275
  • Parking Type Description: Surface 0 cars
  • Estimated Annual Taxes: $10,800
  • Style: Business
  • New Construction: No

Features

External Sewers - San+Storm Avail, Rail
Internal Water - Municipal, Utilities, Seats - 0, Heat Type - Gas Forced Air Closd, Air Conditioning
Other Use - Automotive Related, Hours Open - 44, Franchise
Listed By Ryan Anderson of CENTURY 21 Millennium Inc., Brokerage*