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$149,000
Available - For Sale
Listing ID: X11900676
Rare opportunity to acquire a franchise of a well-established national tiles and flooring supply company having presence across major Canadian cities (Mississauga, Ottawa and Montreal). The sale of business offers the buyer a ready to move in leased premises with over $100,000 in leasehold improvements, a below-market rental rate lease with is valid until April 2029 and an established customer base. The business benefits from a prime location near Hespeler Road and Highway 401 and proximity to other home improvement stores that drive consistent contractor and customer traffic. The business also provides an opportunity to potentially retained existing trained employees, thereby perfectly positioned for growth and success. The buyer will also benefit from the existing inventory offered as part of the sale which will set up the buyer for running operations from Day 1, along with access to some of the finest quality and designs of ceramic tiles that will be offered by the franchisor at competitive rates. C4 zoning also allows for a variety of retail and commercial uses. The unit also both Truck Level door and Drive In door, which a rare for a unit of this size and is perfect for permitted industrial uses. **EXTRAS** Existing inventory (please reach out to the listing agent for the list), forklift and rack
Price $149,000
Maximum Rental Term: 52
Taxes: $0
Tax Type: N/A
Occupancy by: Tenant
Address: 15 Sheldon Driv , Cambridge, N1R 6R8, Waterloo
Postal Code: N1R 6R8
Province/State: Waterloo
Directions/Cross Streets: Hespeler Road / Sheldon Drive
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Home Improvement
Building Percentage: F
Total Area: 4,674
Total Area Code:  Square Feet
Retail Area: 4674
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: 9 am-9
Employees #: 2
Seats: 0
LLBO: N
Maintenance: 0
Rail: N
Heat Type: Radiant
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LENNARD COMMERCIAL REALTY

15 Sheldon Driv , Cambridge, N1R 6R8, Waterloo


 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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