Description
7 figure gross income with extremely healthy profit well into 6 figure take home $ for the owner this year again 2023 sales have increased. Financially reviewed by BDC Bank and with opprox 75% LTV available with seller participation to qualified buyer. Note the building is also available as separate purchase with BDC financing or your own. Queenston Tire and Rim has an absolutely incredible local following and offers a buyer a long established highly profitable business located right off the QEW on Ontario Street St Catharines. Automotive tire use since 1963 and under the current ownership since 2007 the business has seen incredible growth year after year with deep rooted local cliental. Specializing in selling and installing new and used tires, rims, balancing, tire storage, rotations, and all other tire and rim mechanical services, continually organized by an in-house computerized tracking and inventory system. The business is offered for sale along with the equipment and inventory. The 4500sqft building has a new rear double height addition and will be available for lease on a carefree long term lease by the Seller @ $5000/month, the building can also be purchased along with the business separately. The business has an incredible long proven track record management will stay on to train for an agreed upon time to ensure that continuity. NDA available for signature to receive our detailed financial package.
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Description
7 figure gross income with extremely healthy profit well into 6 figure take home $ for the owner this year again 2023 sales have increased. Financially reviewed by BDC Bank and with opprox 75% LTV available with seller participation to qualified buyer. Note the building is also available as separate purchase with BDC financing or your own. Queenston Tire and Rim has an absolutely incredible local following and offers a buyer a long established highly profitable business located right off the QEW on Ontario Street St Catharines. Automotive tire use since 1963 and under the current ownership since 2007 the business has seen incredible growth year after year with deep rooted local cliental. Specializing in selling and installing new and used tires, rims, balancing, tire storage, rotations, and all other tire and rim mechanical services, continually organized by an in-house computerized tracking and inventory system. The business is offered for sale along with the equipment and inventory. The 4500sqft building has a new rear double height addition and will be available for lease on a carefree long term lease by the Seller @ $5000/month, the building can also be purchased along with the business separately. The business has an incredible long proven track record management will stay on to train for an agreed upon time to ensure that continuity. NDA available for signature to receive our detailed financial package.