St. Catharines, ON L2R 1C6,8 Hiscott ST #9
$395,000
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8 Hiscott ST #9 St. Catharines, ON L2R 1C6

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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision 452 - Haig

MLS Listing ID X12032646

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Business for Sale: Thriving Service Industry Opportunity in Southern Ontario Presenting a well-established business specializing in personal property management services with a strong focus on estates and downsizing. Located in Southern Ontario, this business has built a solid reputation with a broad client base and streamlined operations. Financial Highlights: Consistently strong revenue base with substantial growth potential. Efficient operations resulting in healthy profit margins. Valuation: Approximately 3.75 times the annual profit, reflecting the business solid performance. Inventory Included: Approximately $50,000 worth of inventory. Operational Insights: Operated by 3 part-time staff members and the owner. The owner contributes just 15-18 hours per week, showcasing efficiency and potential for a more hands-off management approach. Significant potential exists for growth, including service diversification and collaboration with related industries such as moving companies and real estate firms. Strategic Advantages: Established market presence with a strong, loyal client base. Streamlined and efficient operations with potential for scalability. Attractive business model for a new owner seeking a manageable yet lucrative opportunity. Contact for Further Information: Interested parties are encouraged to reach out to the representative below for more details and to explore this unique opportunity further. Email: dan@compassestates.com. Phone: 289-302-6002. Important: Potential buyers will be required to sign a Non-Disclosure Agreement (NDA) to access detailed financial and operational information, ensuring confidentiality. Don't miss out on this exciting opportunity to acquire a well-established and profitable business in the service industry!

Location

Province ON

County Niagara

Community 452 - Haig

Area Niagara

Zoning E1

Interior

Cooling No

Exterior

Lot Frontage 200.1

Lot Depth 282.5


Listed by ROYAL LEPAGE NRC REALTY COMPASS ESTATES

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agent

Dorger Manohar

Real Estate Sales Representative | License ID: 9548387

+1(647) 234-2355

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8 Hiscott ST #9