Rare opportunity to acquire a franchise of a well-established national tiles and flooring supply company having presence across major Canadian cities (Mississauga, Ottawa and Montreal). The sale of business offers the buyer a ready to move in leased premises with over $100,000 in leasehold improvements, a below-market rental rate lease with is valid until April 2029 and an established customer base. The business benefits from a prime location near Hespeler Road and Highway 401 and proximity to other home improvement stores that drive consistent contractor and customer traffic. The business also provides an opportunity to potentially retained existing trained employees, thereby perfectly positioned for growth and success. The buyer will also benefit from the existing inventory offered as part of the sale which will set up the buyer for running operations from Day 1, along with access to some of the finest quality and designs of ceramic tiles that will be offered by the franchisor at competitive rates. C4 zoning also allows for a variety of retail and commercial uses. The unit also both Truck Level door and Drive In door, which a rare for a unit of this size and is perfect for permitted industrial uses. |
Extras: Existing inventory (please reach out to the listing agent for the list), forklift and rack |
Price | $149,000 |
Maximum Rental Term: | 52 |
Taxes: | $0.00 |
Tax Type: | N/A |
Occupancy by: | Tenant |
Address: | 15 Sheldon Dr , Unit 3-4, Cambridge, N1R 6R8, Ontario |
Apt/Unit: | 3-4 |
Postal Code: | N1R 6R8 |
Province/State: | Ontario |
Directions/Cross Streets: | Hespeler Road / Sheldon Drive |
Category: | Without Property |
Use: | Home Improvement |
Building Percentage: | N |
Total Area: | 4674.00 |
Total Area Code: | Sq Ft |
Retail Area: | 4674 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Financial Statement: | N |
Chattels: | Y |
Franchise: | Y |
Days Open: | 7 |
Hours Open: | 9 am-9 |
Employees #: | 2 |
Seats: | 0 |
LLBO: | N |
Rail: | N |
Heat Type: | Radiant |
Central Air Conditioning: | Part |
Elevator Lift: | None |
Sewers: | San+Storm Avail |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
LENNARD COMMERCIAL REALTY |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Waterloo |
Municipality: | Cambridge |