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Listed by:

Greg Sabo Personal Real Estate Corporation

Hardware Store in Downtown Parksville For Sale

Parksville, British Columbia, Canada
Asking Price:
$2,150,000 (CAD) Inventory / Stock included
Sales Revenue:
$2,200,000 (CAD)
Cash Flow:
$300,000 (CAD)

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 $2,150,000. 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 $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.

Property Information

Real Estate:

Real Property Included

Location:

Prime downtown location in the Parksville

Premises Details:

Well maintained almost 7,000 sq ft in the centre of a busy downtown

Size in square feet:
6997 sq ft retail establishment and 1300 sq ft warehouse

Business Operation

Management type:
This business is owner operated.
Years established:
1952

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Must be approved by Home Hardware

Other Information

Inventory / Stock value:
$350,000 (CAD) - included in the asking price
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