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Automotive Business For Sale in Simcoe County, ON (Listing ID: 2994)

Automotive
SOLD
More From Seller (22)
Annual Return On Equity Calculator

Annual Earnings:

$328,224

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Automotive
SOLD

Successful Krown Rust Control Dealer For Sale

Pre approved for financing. We help the buyer with financing! 90% success rate.

Over 52% SDE/EBITA.

$40,000 in assets included in sale price

Since 1986, Krown Rust Control has been one of Canadas top earning dealer networks. With no future territories available, this is your chance to buy a very successful, turn key operation with over a 52% Sellers Discretionary Earnings return.

The current owner is retiring and has built a stellar reputation in both the community and amongst the Krown dealer network. With over 250 locations throughout North America and Canadas #1 rust control control company - this is a chance to invest in and own a dealer with potential to grow with the peace of mind having a team and family oriented company behind you.

Current seller will provide full training as well as the proven training for new dealers from Krowns head office.
This business DOES NOT require high level skilled tradespeople like other similar plumbing, mechanic opportunities. You do NOT need prior experience in the industry or automotive repair/maintenance experience.

We are taking offers up to May 1st, 2023

$699,800 CAD

Simcoe County, ON Automotive Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1986

Last Year of Completed Statements

2021

Gross Revenue:

$ 621,628

Annual Earnings:

$ 328,224

Land/Building Included:

No

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

*DISCLAIMER: BuyAndSellABusiness.com assumes no responsibility for the accuracy of any information shown.