Price: $99,900

#B2 - 76 Sherry Road, Toronto, ON M1L 2J9

Mechanic shop with tremendous potential for growth! This well-established business has been serving as a mechanic and muffler shop for 20 years under the same owner, with a loyal customer base. The shop is fully equipped and comes with one compressor, one hoist, one bearing press, one pipe bender, two toolboxes, and all necessary tools and inventory included, making it turnkey for a new or experienced mechanic. Additionally, it features a custom-built loft space, a washroom, and ample extra storage. The shop includes six parking spaces outside, a fenced yard, a covered balcony, and five electric heaters for comfort. Theres room for another hoist, providing opportunities to expand services. The property also comes with a hot water tank (owned), one welding machine, one gas torch, and a radio/surround sound system for convenience. The flexible lease is available for renegotiation with the landlord, and the current rent is affordable, making it an ideal investment in a high-demand area. Dont miss this opportunity!


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1200 Square Feet

List Price

$99,900

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Automotive Related

Years in Business

N/A

Location

Toronto E04, ON

Status

Active

Franchise

No

Last Updated

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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.

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