$395,000

Sale Of Business For Sale
MLS - #X12032646
9 hours ago- By ROYAL LEPAGE NRC REALTY COMPASS ESTATES

8 Hiscott Street, St. Catharines, ON L2R 1C6

Bed
Bath
None Garage

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

Basement:N/A
Cooling:No
Heating:None
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
39500000.0%
Higher than average

Price Comparison

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Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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