Price: $1,700,000
Location: Kapuskasing
Province: Ontario
Industry: Automotive and Transportation
The Company is strategically located in Kapuskasing, Ontario, the largest community positioned directly on Highway 11 between Thunder Bay and Temiskaming Shores and a service hub for many large resource development projects. The Company has two distinct divisions (Trucking & Mechanical) and has been servicing heavy truck and trailer customers in the area for over 50 years in addition to being a daily transporter for the largest employer in the area. The Company has deep roots in the community and serves as a key player in the local economy. The Company operates from a ~10,000 sq. ft. facility, included in the sale. The Company belongs to an industry-leading network which provides buying power and brand recognition, among other advantages. The Seller is looking to retire and will ensure support, training, and knowledge transfer for an agreed upon transition period.
Down Payment: $300,000
Total Sales: $2,022,515
EBITDA: $227,564
FFE: $376,000
FFE Included: Yes
Year Established: 1973
Owner Hours Per Week: 25-35
Employees: 6
Real Estate: $900,000
Real Estate Included: Yes
Monthly Rent:
Square Footage: 10000
Reason For Sale: Retirement