$395,000
8 Hiscott Street, St. Catharines, ON L2R 1C6
Property Description
Property type
Sale Of Business
Lot size
N/A
Style
Approx. Area
N/A Sqft
About 8 Hiscott Street
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. Don't miss out on this exciting opportunity to acquire a well-established and profitable business in the service industry!
Home Overview
Last updated
9 hours ago
Virtual tour
None
Basement information
Building size
--
Status
In-Active
Property sub type
Sale Of Business
Maintenance fee
$N/A
Year built
2024
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
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