This listing is for the sale of Ormiston Holdings Ltd, which owns the land and buildings, consisting of 142 Morison Ave with 6,997 sq ft of retail space, valued at 1,950,000. The owners are looking to retire and are willing to sell the land and buildings and will offer vacant possession if the buyer does not want the franchise. Asking $1,950,000. This property has an independent appraisal of $2,150,000.
There is a second opportunity available for $400,000. Tower Brae Holdings Ltd. which operates as Parksville Home Hardware, Parksville, B.C. This is a well established Home Hardware franchise with a proven record of profits over many years. It is located in the heart of downtown Parksville with excellent traffic flow and is a destination business with many regular customers. Tower Brae Holdings Ltd. is offered for sale at $400,000 which includes $350,000 in inventory. The purchase price would be adjusted to reflect actual inventory at the takeover date.
