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Automotive Business For Sale in Midland, ON (Listing ID: 3554)

Automotive
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Annual Return On Equity Calculator

Annual Earnings:

$206,307

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Automotive

Krown Rust Control Dealer For Sale

Pre approved for financing. We help the buyer get financing with a minimum of 5% cash required.

$80,000 in assets included in selling 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 highly successful, turn key operation with over a 33% 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 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.

This company rustproofs both new and used customer passenger vehicles as well as construction equipment such as skid steers, loaders, dump trucks, trailers, tractor trailers, fire trucks, ambulances, boom trucks etc. They spray equipment inside their building and have a mobile service to spray in customer yards. In addition to rustproofing vehicles, they sell cases of aerosol sprays and cleaners.

Current seller will provide full training.

$850,000 CAD

Midland, ON Automotive Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1988

Last Year of Completed Statements

2023

Gross Revenue:

$ 620,374

Annual Earnings:

$ 206,307

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.

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