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Hardware Store in Downtown Parksville For Sale

Parksville, British Columbia, Canada, ID 243249

Hardware Store in Downtown Parksville For Sale 1
Hardware Store in Downtown Parksville For Sale 1
Asking price:
CAD$2 150 000
Cash Flow (per year): $300 000 cad
Sales Revenue: $2 200 000 cad
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Description

This listing is for the sale of Ormiston Holdings Ltd, which owns the land and buildings consisting of 142 Morison Ave with 6,997 sq ft of retail space, valued at 2,150,000 dollars. The owners are looking to retire and are willing to sell the land and buildings, with vacant possession available if the buyer does not wish to continue the franchise. Asking price is 2,150,000 dollars.A second opportunity is available for 400,000 dollars: Tower Brae Holdings Ltd., which operates as Parksville Home Hardware in Parksville, British Columbia. This is a well-established Home Hardware franchise with a proven record of profitability over many years. The business is located in the heart of downtown Parksville with strong traffic flow and operates as a destination store with a loyal and repeat customer base. Tower Brae Holdings Ltd. is offered for sale at 400,000 dollars, including approximately 350,000 dollars in inventory, with the final purchase price subject to adjustment based on inventory levels at the time of takeover.

Details

Real Estate: Real Estate Included
Square m2: 650
Asking price: 2 150 000 cad
Cash Flow (per year): 300 000 cad
Sales Revenue: 2 200 000 cad

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