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$149,000
Available - For Sale
Listing ID: X8071138
An Excellent opportunity to own a Well respected & establshd tutring Franchise.Over 25K Lease Hold Improvements.Located in developed area w/ good visibility,easy to get to local,and steady foot traffic.Operating for 5 Years.Current Lease @ 2900+HST until Aug'2024 with optn to renew.Revenue forecast for 2024 is 145K to 175K.Precov 19 260K yearly.Specialized in providing after school courses,Tutoring Camps,STEM for JK-Grade12.DO NOT MISS THIS!
Extras:   All Part-time Employees.Licensing covers full Hamilton Area,satellite locations in Waterdown & Stoney Creek will bring more revenue annually. Established franchise company for 40 Years. All financials can be provided upon request.
Price $149,000
Taxes: $1,920
Tax Type: Annual
Occupancy by: Tenant
Address: 1175 Wilson St East , Unit 4B, Hamilton, L8S 4K6, Ontario
Apt/Unit: 4B
Postal Code: L8S 4K6
Province/State: Ontario
Legal Description: Pt Lt 51 Con 1 Ancaster As In Ab110670;
Lot Size: 78 x 327.29 (Feet)
Directions/Cross Streets: Main St & Osler Dr
Zoning: A1
Category: Without Property
Use: Service Related
Building Percentage: Y
Total Area: 1,400
Total Area Code:  Sq Ft
Office/Appartment Area: 10
Office/Appartment Area Code: %
Industrial Area: 0
Office/Appartment Area Code: %
Retail Area: 0
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: Y
Days Open: 6
Hours Open: 12Pm-8P
Employees #: 9
Seats: 100
LLBO: N
Sprinklers: Y
Rail: N
Clear Height Feet: 8
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm Avail
Water: Municipal
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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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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CITYSCAPE REAL ESTATE LTD.

1175 Wilson St East , Unit 4B, Hamilton, L8S 4K6, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Ancaster
Style:
Lot Size: 78.00 x 327.29(Feet)
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Tax: $1,920
Maintenance Fee: $0
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