2 Tremont Unit F03
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+9 more
$200,000

2 Tremont Unit F03

St. Catharines (Glendale/Glenridge), Ontario, L2T3B2

Active
1
Bathrooms
1,250
Sq Ft

About This Property

This 1-bathroom business in St. Catharines (Glendale/Glenridge) offers 1,250 sq ft of living space. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Newer UPS Store Franchise, only 2.5 Years in Operation run by proud and hardworking owners that take great care of customers. The store has lots of potentials To Develop Business. It is in a spectacular and Busy Traffic Area that is highly sought after in St Catharines. The shopping area has Walmart, banks, cinemas and restaurants with heavy footfall. The location could not be better in the city for this business. Excellent sized store includes services for Shipping, Packaging, Notary, Shredding, Printing, Wide Format Printing, Lamination, Book Binding, T Shirt Printing via 3rd party, Fax and 116 Mailboxes. Rent with TMI & HST is low at 3923.21/Month. The lease has a 10-yr term to 2033 with further option to renew. There is tremendous potential to increase Revenue via income options and natural revenue growth as the store continues to establishes itself. There are some opportunities to reduce costs. The owner can explain better. Based on the record provided by seller, total annual revenue 115,000 and gross profit is 63%. For details, please sign NDA. The store has one of the highest google review ratings in the network. This business opportunity is ideal for someone who wants to own a strong brand franchise however wants to avoid the initial effort & capital of building the business as this UPS store is ready for take off! (id:60351)

Overview

Property Typeresidential
Sub-Typebusiness
StatusActive
MLS #X12728826

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Listing Information

MLS#: X12728826


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$40,000
5%20%50%
Estimated Monthly Payment
$889
/month
Mortgage
$160,000
Total Interest
$106,800

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$1,725
Total Due on Closing$1,725

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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