
Lincoln, ON L3J 0A4
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*
TRREB MLS® Attribution
MLS® X12804708
Listed by ICI SOURCE REAL ASSET SERVICES INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$483
/month · $79,200 mortgage
Amortization
Total Interest
$65,829
Total Cost
$145,029
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ICI SOURCE REAL ASSET SERVICES INC.