Listing Details
Business Type: Other Retail Business
Year established: 2019
Employees: 4
Real estate: Leased
Financial Details
Rent: $5,085
About the Business
Competition:
The business operates efficiently, enjoys high activity levels, and has no competition nearby.
Reason for selling:
Retirement of the owner
Description
1447 Upper Ottawa Street #19, Hamilton, ON. L8W 3J6 Status: Active MLS®#: H4186177 Total Units: 1 Total Area: 2,300 sqft This impressive property is currently a thriving liquidation store, primed for a smooth transition to new ownership. It's a unique opportunity to acquire a successful business. The current operation, which is a bustling liquidation outlet, is now up for sale, offering an exciting prospect for aspiring entrepreneurs. Thanks to its prime location and the considerable foot traffic from its proximity to the Linc & Red Hill Parkway, the property enjoys a steady stream of customers. In addition to its strategic location, the M4 zoning provides great flexibility, supporting a variety of office, retail, and service businesses. This makes it a compelling option for astute investors. The property is expertly managed and offers extensive parking facilities to meet the needs of both customers and owners. The unit itself is EXCLUSIVELY available for sale, providing additional flexibility to potential buyers. Don't miss this rare and remarkable chance to acquire a proven liquidation business with a successful track record. Inventory Distribution: As an incentive, the seller proposes an attractive distribution of inventory. Under this plan, the seller will keep 60% of the inventory, while the buyer will receive 40%. Perfume and Makeup: Another incentive for potential buyers involves the perfume and makeup inventory. In this arrangement, the seller retains 80%, while the buyer gets 20%. The store's inventory features over 35,000 items, including T-shirts (jerseys), hoodies, sportswear, pants, male and female underwear, lingerie, baby products, kitchenware, hardware, perfumes and colognes, travel goods, bedding, phones and phone accessories, cameras, electronics, pet supplies, hats, and much more. Feel free to contact me for more details
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Location & nearby
This listing is located in Hamilton, ON L8W 3J6
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