Midas Automotive Service and Repair Shop in Southwestern Ontario!
Location is confidential

This is a TOP-TIER Midas Shop Featuring:

- Over 20 years established in this location
- Great Visibility
- Excellent customer reviews
- Busy Street Front location.

PRICE: $397,500
The Price Includes: All Equipment, Assignment of the Franchise Agreement & a Long-Term Lease.
WE CAN ARRANGE UP TO 80% FINANCING

Annual Sales Approx.: $1.2 Million

Established Midas Auto Care Service Centre in New Brunswick.
This location is one of the MOST profitable shops in the Atlantic Region!
With over 30 YEARS of Established History.

Price: $550K
WE CAN ARRANGE UP TO 70% FINANCING

ANNUAL SALES: $1.3 MILLION
ANNUAL PROFIT APPROX: $250K


Opportunity Details:
- All Equipment
- Long-term lease
- Business has had great success in prior years
- Excellent 6 bay shop
- Great visibility
- HIGH EARNING POTENTIAL with the right franchisee
- Great customer reviews

Services:
- Oil Change Service
- Brakes & Brake Repair
- Tire Services
- Suspension & Alignment
- New Tires & Installation
- Check Engine Light
- Mufflers & Exhaust
- Routine Auto Maintenance
- Car AC & Heating Service
- Car Battery & Electrical

The Opportunity Details:
Established for 20 years!

Declared best dealer for the last three years from CarGurus.
POTENTIAL TO INCREASE PROFITS WITH MOTIVATED HANDS-ON BUSINESS OWNER!
MOVING 80% INVENTORY MONTHLY!

2024 Annual sales: approximately $9 Million.
BUSINESS PRICE: $2.9 Million - PLUS Approx. $1Million inventory
Turnkey operations start making good money right away.

Best credit rating and has floor plan approved from all major auctions in Canada. Plus approved credit lines.
Registered credit with all major part suppliers
Member of OMVIC and UCDA, clean record and up-to-date taxes.
Sold over 7,000 vehicle and has huge database of satisfied customer who provide referrals and returning business. (potential to establish own service or out source to generate more revenue by providing regular maintenance to these customers)
In-house business office authorized by all major banks for prime and subprime customers.
Provide warranties and other additional products to generate more revenue.
Completely trained staff willing to continue with new owner
Flexible leasing, potential to relocate for better look and more revenue.
Full training or assistance will be provided to the new buyers if required.