B180 - 4450 Ontario St, Lincoln, L3J 0A4

Listing Overview

Description

Established OMVIC registered used car dealership for sale in Ontario, successfully operating for about 3 years with exceptionally low operating costs and strong growth potential in auto sales. Total monthly expenses for garage insurance, dealership facility rent, and liability insurance are about $600 (Yes, you read that right - just $600 per month including everything!). The business is fully operational and includes a professional website, active DealerTrack and RouteOne accounts for financing, one dealer plate, registration with major automobile auctions across Canada and the USA, active accounts with vehicle manufacturers such as Volkswagen and Land Rover for discounted OEM parts, and registration with multiple ServiceOntario locations, including Saturday locations. A floorplan financing of $50,000 is currently in place and can be expanded depending on your credit score, allowing immediate growth in inventory and cars. This opportunity is ideal for a car enthusiast, an investor, or someone looking to start their first business and enter the auto industry with minimal risk and low overhead costs. No experience is necessary. The current owners will provide full training on how to be a successful dealer, complete system transfer, and up to six months of post-sale support to ensure a smooth transition and continued success. *For Additional Property Details Click The Brochure Icon Below*

64 days

On Market

Sale Of Business

Property Type

$0 / Year

Est. Taxes

Without Property

Style

Automotive Related

Business Type

N

Franchise