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$179,000
Available - For Sale
Listing ID: W9354640
490 Speers Rd , Unit Unit , Oakville, L6K 2G3, Ontario


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.
Price $179,000
Taxes: $2024.00
Tax Type: N/A
Occupancy by: Owner
Address: 490 Speers Rd , Unit Unit , Oakville, L6K 2G3, Ontario
Apt/Unit: Unit
Postal Code: L6K 2G3
Province/State: Ontario
Directions/Cross Streets: Speers Rd & Fourth Line
Category: Without Property
Use: Furniture
Building Percentage: Y
Total Area: 3686.00
Total Area Code:  Sq Ft
Retail Area: 3686
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11am to
Employees #: 2
Seats: 0
LLBO: N
Sprinklers: Y
Washrooms: 2
Truck Level Shipping Doors #: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
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.

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This calculator 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.
RIGHT AT HOME REALTY, BROKERAGE
Personal Picture
Nazila Tavakkolinamin
Sales Representative
Dir:
416-574-5561
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Oakville
Neighbourhood: Bronte East
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $2,024
Maintenance Fee: $0
Beds:
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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