2 Tremont Drive Unit F03, St. Catharines, ON L2T 3B2

$200,000
1
BA

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List Price
$200,000
MLS#
X12728826
Status
ACTIVE UNDER CONTRACT
Type
Commercial
SubType
Sale Of Business
Bathrooms
1
Province
ON
Municipality
St. Catharines
Area
Niagara
Neighborhood
461 - Glendale/Glenridge
Subdivision
Glendale Avenue And Tremont Drive

Property Description

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!

Additional Information

Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Garage Type
None

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Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY.