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$ 179,000
Est. payment /mo
Pending
490 Speers RD #Unit 3 Oakville, ON L6K 2G3
2 Baths
3,686 SqFt
UPDATED:
02/22/2025 03:01 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Square Footage 3,686 sqft
Price per Sqft $48
Subdivision Bronte East
MLS Listing ID W9354640
Annual Tax Amount $2,024
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
State ON
County Halton
Community Bronte East
Area Halton
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Others
Security Features Yes
Virtual Tour https://virtualtours.jarts360view.com/cp/490-speers-road-oakville--3-oakville/
Listed by RIGHT AT HOME REALTY, BROKERAGE