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AUTO ELECTRIC INC


Location: London, Ontario Type of business: Privately owned Industry: Auto Parts Repair store Years in operation 37 years Asking Price: $300,000 (CAD) Sales Revenue: $175K (CAD) Cash Flow: $100K (CAD)
Business Details
Opportunity to purchase an established Auto Parts Repair store located in London Ontario. Since 1986 the business has been growing in sales and established a strong presence in the community. Current sales and margins are positive and growing. In business 37 years. Business repairs and rebuilds Starters, Alternators and Generators, and sells new and rebuilt units as well. New units come with a one-year warranty! You will find their remanufactured red alternators, starters and generators are of excellent quality. Business has alternators, starters and generators for cars, trucks, industrial and farm equipment, lift trucks, plus ATV's and marine craft.
Other Details
Expansion Potential - There is no limit to the growth of this business Financing support - Owner may be willing to provide owner financing Competition Market - Few competitors Years established - 37 Property Information Real Estate - Building owned by owner (owner willing to sell building with the business. Building appraisal is 600,000 CND- 2021 figure) Lease Terms - TBA Lease Rent - TBA Location - London Ontario – Conveniently located Premises Details - This semi industrial retail space is relatively open, with a front section for clients with a private office. The back position has an attached toilet with rear access. Current Inventory - 110,000 CND (included in purchase price for the business)


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