313 Ontario Street St. Catharines, Ontario L2R 5L3
$1,250,000
Financially reviewed by BDC Bank 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. 2022 financial statements now available 7 figure gross income with extremely healthy profit. Queenston Tire and Rim has an 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 built year after year with deep rooted local clientel. 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. (id:50964)
Business
| Name | Queenston Tire and Rim |
Property Details
| MLS® Number | 40440160 |
| Property Type | Business |
| Amenities Near By | Shopping |
| Community Features | High Traffic Area |
Building
| Basement Type | None |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Shopping |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/25741577/313-ontario-street-st-catharines
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July 06 2023 09:41:58
Niagara Association of REALTORS®
Royal LePage NRC Realty