Added 3 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Furniture
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Zoning: Commercial
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Age: No Data
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Taxes: 2024
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MLS®#: W9354640
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Days on Site: 94 Days
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Added: Sep 17, 2024 (3 months ago)
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Updated:
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Last Checked: 3 hours ago
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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
St James Separate School
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