$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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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY, BROKERAGE |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | Bronte East |
| Tax: | $2,024 |
| Baths: | 2 |
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