Listing Details
Co-op commission: 4%
Business Type: Other Retail Business
Year established: 2019
Employees: 4
Real estate: Leased
Financial Details
Rent: $5,802
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
This impressive property serves as a thriving center for a liquidation store, ready for a smooth change of ownership. Unveiling an exceptional chance to acquire a thriving business in its entirety. The current establishment, operating as a dynamic liquidation outlet, is now presented as an enticing proposition for those seeking a unique entrepreneurial venture. Benefiting from its prime location and the significant foot traffic generated by its proximity to the Linc & Red Hill Parkway, this property enjoys a lively and dependable customer base. Beyond its strategic location, the property's M4 zoning adds a layer of versatility, accommodating a wide spectrum of office, retail, and service endeavors, this characteristic makes it an attractive option for perceptive investors. Managed flawlessly, this commercial gem provides extensive parking amenities, catering to the requirements of both customers and owners equally. Don't miss this exceptional and uncommon opportunity to secure a ready-to-go liquidation business that has demonstrated its success over time. Inventory Distribution: Inventory Incentive: The seller is offering an attractive incentive to potential buyers regarding the inventory distribution. In this arrangement, the seller will retain 60% of the inventory, while the buyer will receive 40%. Perfume and Makeup: As an added incentive to potential buyers. Under this arrangement, the seller will retain 80% of the inventory, while the buyer will receive 20%. The store's inventory comprises over 35,000 items, including male and female underwear, lingerie, a baby section, T-shirts (Jersey), hoodies, sportswear, pants, kitchen items, hardware, perfume and colognes, traveling goods, bedding, phones and phone accessories, cameras, electronics, pet food, hats and much more available in stock.
Location & nearby
This listing is located in Hamilton, ON L8W 3J6
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