Unit -490 Speers Road, Oakville | Image 1

Unit -490 Speers Road

Oakville, Bronte East

  • Commercial

$179,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Furniture

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 2024

  • MLS®#: W9354640

  • Added: Sep 17, 2024 (2 months ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: RIGHT AT HOME REALTY, BROKERAGE

Excellent Opportunity to Be Your Own BossThis is a rare opportunity to acquire a well-established turnkey retail furniture store with a proven track record of success. Operating under the prestigious Palma Brava brand, which has been furnishing homes worldwide since 1979, the business is located in a highly sought-after, high-traffic area. The large, inviting showroom draws in steady foot traffic, providing an ideal space to display the high-quality, luxurious furniture that Palma Brava is known for.The store has built a strong and loyal customer base, with repeat business and referrals making up a significant portion of its revenue. In addition, there are numerous growth opportunities for a new owner, including expanding online sales, increasing marketing efforts, or adding new product lines to further increase profitability.The long-term lease is secured with excellent monthly rent, ensuring stability and predictability for the new owner. With the current owners retiring after decades of successful operation, this is the perfect chance for a motivated entrepreneur to step into a thriving, well-respected business with a solid foundation for future growth.

Extras

Inventory is included in the purchase price. A list of suppliers will be provided. The business operates under a leasehold arrangement. An established online shopping website is included. training for the new owner will be provided.

Property

  • Status: Sale

  • Type: Furniture

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Oakville

  • Community: Bronte East

  • Availability Date: Flexible

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Taxes: $2,024

  • Taxes Type: N/A

Land

  • Cross Street: Speers Rd & Fourth L

  • Municipality District: Oakville

  • Zoning: Commercial

Additional Media

  • Virtual Tour: https://virtualtours.jarts360view.com/cp/490-speers-road-oakville--3-oakville/

Commercial Specific

  • Number of Employees: 2

  • Shipping Doors Truck Level: 2

  • Retail Area: 3686

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 3686

  • Total Area Metric: Sq Ft

  • Hours Open: 11am to

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: N

  • LLBO: N

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