Hardware Store in Downtown Parksville
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.
Location
Prime downtown location in the Parksville
Real Estate
Real Property Included
Franchise Terms
Must be approved by Home Hardware
Management Type
This business is owner operated.
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
Franchise Opportunity
Franchise Resale
Inventory / Stock Value
$350,000 (CAD) - included in the asking price
Financials
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