$649,000

7171 Reixinger Road

Niagara Falls ON, L2E 6S6

Description

Buy yourself a job! Here is a great business opportunity to purchase a turnkey business that has been growing annually in the 6-years it's been operating and so far, has been Covid-proof. This paint machine repair and maintenance business is one of the few of its kind. It is the authorized warranty centre for Graco and Titan and has ongoing contracts with Sherwin Williams and Dulux (If you're in the paint machine business, this a big deal!). The current owner operates the business himself and brought in 92K in income in 2019. Bring in staff and realize even greater potential and growth. The lot and shop are impeccably maintained and the owner is happy to stay on and help the new owner learn the business (Titan and Graco also provide professional factory training). Additional monthly income comes from the deluxe Jayco Trailer Home on site which has its own septic and cistern and currently rents for $950 a month (tenant would be happy to stay) and the back of the lot rents for $600 a month to a company that uses it for equipment storage. If paint-machine repair isn't your thing, the 40X48 shop and lot has loads of potential for many types of businesses. And, if you want to live next to where you work, the home next door on a separate lot can be purchased with the business. Contact realtor for details.

Details

MLS#30828076
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusContingent
Days On Site36

Features

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Area Information
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2E 6S6
Area2 - Niagara Falls
Listing VS Median (in L2E 6S6)
Price:
$649,000
low | high
Med:
$899,900
11.340523882897% of Average
On Site:
36
low | high
Med:
47
76.595744680851% of Average
Listing Updated: 09/22/2020
JOSEY VOGELS LogoMLS Number: 30828076
Listing Provided By:
JOSEY VOGELS  of  EVOKE NIAGARA REALTY INC.
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