Property Description

For decades, this well-established towing, automotive repair, and used vehicle sales business has been a trusted name along busy Highway 7 just east of town. Set on over 4.5 acres (as per MPAC), this fully equipped commercial property offers a true turn-key operation with the infrastructure, equipment, and reputation already in place. The property features four commercial buildings designed to support every aspect of the business. The main shop includes a reception area, two private offices, and an impressive 83' x 41' workshop equipped with four hoists, including three two-post hoists (two rated at 10,000 lbs and one at 12,000 lbs) plus a 14,000 lb four-post hoist. A separate 30' x 51' heavy truck shop is equipped with an 18,000 lb hoist, while another building provides extensive parts storage (or could be leased to another business). A fourth building (not used, but could be leased to a tenant) contains three offices, a staff breakroom, and a washroom. Included in the sale are six tow trucks (two wreckers and four flatbeds), an excavator, bulldozer, skylift bucket truck, inventory of used vehicles, and an extensive list of professional equipment including an alignment system, tire changer, wheel balancer, air compressor, diagnostic scanners, tools, parts, and company-owned storage containers. A fenced and gated impound/storage yard, dedicated customer tire storage building, and expansive used vehicle lot that can hold well over 100 cars complete the property. The business benefits from established contracts with major auto clubs, roadside assistance providers, and the OPP towing rotation, creating multiple revenue streams. Highway 7 frontage is zoned C1, permitting the existing commercial operations, while the rear portion is zoned M1 for open storage and additional industrial uses. Also included is the separate used vehicle sales company (including the leases), offering even more potential for continued growth. (id:7434)