Address not available, Elliot Lake - Business for Sale
Elliot Lake, Ontario, P3A2T1
This business in Elliot Lake is for sale. It has been on the market 12 days, fresher than the Elliot Lake average of 66 days.
Description
Exceptional opportunity to acquire Choice Tire, a well-established and highly regarded tire and automotive service business with multiple revenue streams and a strong local reputation. This turnkey operation offers professional tire sales, precision alignment services, and full automotive repair, serving a loyal and consistent customer base. In addition to its core services, the business benefits from on-site tire storage and a fully operational car wash, creating complementary and recurring income streams that enhance overall profitability and customer retention. Its strategic location provides excellent visibility and steady traffic, further supporting continued growth and expansion opportunities. Choice Tire presents an ideal opportunity for an owner-operator looking to step into a proven operation or for an investor seeking a stable, service-based business with established cash flow. Financial information available upon request for qualified buyers. (id:66096)
Property Details
- MLS®
- 2131076
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- C2
- Frontage
- 309 ft
- Heating
- Forced air
- Ownership
- Freehold
- Listed
- 12 days ago
Features
- Exterior
- Aluminum siding
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Features and services as supplied by the listing brokerage.
Market Timing
Active: 12 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Elliot Lake has been listed for 12 days, which is 54 days fresher than the city average of 66. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P3A)
This home lists at $420,000, about 5.1× the local median household income of $83,000.
Carrying it typically needs a household income of about $82,041 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $83,000
- Population
- 24,326
- Median age
- 45.2
- Owner / renter
- 63% / 37%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA P3A)
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$420,000
Elliot Lake