Price: $149,000

#3-4 - 15 Sheldon Drive, Cambridge, ON N1R 6R8

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


Property Overview

Property type

Commercial - Sale Of Business

Building Area

4674 Square Feet

List Price

$149,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Home Improvement

Years in Business

N/A

Location

Cambridge, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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