506055 Highway 89 Highway
Rural Mulmur / Mulmur, ON L9V 0N6
About This Property
Turnkey OMVIC-registered auto dealership - 13 years of continuous operation with $1M+ in annual sales. Fully equipped and running from day one. Rent only $960.50/mth incl. utilities, a cost structure almost unheard of in this industry. Storage for approx. 50 vehicles: open lot fronting the office holds approx. 20 units, plus a separate secured gated compound for another 30. Buyer inherits a complete operating platform - established website, DealerTrack financing portal, 4 dealer plates, buying privileges at leading auctions across Canada and the US, relationships with 2 warranty providers, National Exhaust parts account, and processing access at several ServiceOntario branches incl. Saturdays. Working capital already arranged: $100,000 floorplan financing (increasable subject to credit) plus a further $100,000 exterior credit facility. No prior experience required - vendors will train the incoming owner. Ideal for enthusiasts, passive investors, or first-time business buyers. Financials available to qualified buyers on signed confidentiality agreement. 4 dealer plates, DealerTrack portal, established website, 2 warranty providers, National Exhaust account, ServiceOntario processing access (Sat. included). $100K floorplan + $100K exterior credit. Approx. 50-car capacity. Vendor training provided.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13747254
Listed by EXECUTIVE REAL ESTATE SERVICES LTD.
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
Mortgage Estimate
Est. Monthly Payment
$1,948
/month · $319,200 mortgage
Amortization
Total Interest
$265,311
Total Cost
$584,511
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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