Price: $1,100,000

827 CENTRAL Avenue, London East, ON N5W 3R1

Exceptional opportunity to acquire the long-standing and highly respected Len Powell Garage, a well-known automotive service facility with deep roots in the neighbourhood. This turn-key business is celebrated for its integrity, quality workmanship, and a loyal customer base built over many years. The property and equipment have been meticulously maintained, making this an ideal investment for mechanics, automotive entrepreneurs, or commercial investors seeking a proven and profitable operation. The garage features updated garage doors, new LED lighting system, and a new furnace installed in 2020, ensuring energy efficiency and reliable year-round operation. All licenses are current, and the shop is equipped with state-of-the-art tools and machinery, allowing for seamless continuation of business from day one. The expansive lot provides parking for 40+ vehicles, with additional space for potential building expansion, outdoor storage, or future development. Situated in a quiet, well-established neighbourhood, the location offers convenience for customers while providing a calm and safe environment for daily operations.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2842 Square Feet

List Price

$1,100,000

Gross Income

N/A

Annual Taxes

$4,027

Tax year

2024

Business Type

Automotive Related

Years in Business

N/A

Location

London East, ON

Status

Active

Franchise

No

Last Updated

Similar Listings for SaleView all listings

Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

Map View

Some information about this property -

Agent

Book a Showing

Check Out this business!

I agree to receive marketing and customer service calls and text messages from Bizmonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe.