#31 11625 Mcvean Drive, Brampton (Toronto Gore Rural Estate) - Business for Sale
#31 11625 Mcvean Drive, Brampton (Toronto Gore Rural Estate), Ontario, L6P4N5
This business in Brampton is for sale. It has been on the market 19 days, fresher than the Brampton average of 54 days.
Description
PROFITABLE TURNKEY BUSINESS OPPORTUNITY IN NORTH BRAMPTON! An excellent opportunity to acquireRoyalty Vapes, an established retail business strategically located at the busy intersection ofMayfield Road and McVean Drive, in one of North Brampton's developing communities. Situated ina growing residential and commercial area, this business offers an attractive opportunity forentrepreneurs and investors looking to take over an existing operation with further growthpotential.Royalty Vapes features a well-established retail setup, an extensive selection of products, andan online presence with e-commerce and delivery capabilities. Take advantage of an existingbusiness operation without the challenges and expenses of starting from scratch. Excellentopportunity for an owner-operator looking to build on the current business and capitalize oncontinued development in the surrounding area.Attractive 5-year lease with an option to renew for an additional 5 years, offering long-termbusiness stability, subject to lease terms and landlord approval.BUSINESS SALE ONLY - REAL ESTATE IS NOT INCLUDED. Serious inquiries only. All financialinformation and business details will be made available to qualified buyers upon completion ofa confidentiality agreement. Please do not approach employees or visit the business to discussthe sale without an appointment through the listing brokerage. (id:66096)
Property Details
- MLS®
- W14085602
- Property Type
- Business
- Zoning
- Commercial Retail
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 19 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 19 days on market, against an average age of 54 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Brampton (Toronto Gore Rural Estate) has been listed for 19 days, which is 35 days fresher than the city average of 54. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6P)
This home lists at $98,900, about 0.7× the local median household income of $134,000.
Carrying it typically needs a household income of about $19,319 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $134,000
- Population
- 91,155
- Median age
- 36
- Owner / renter
- 89% / 11%
- Avg. household size
- 4.3
Source: Statistics Canada, 2021 Census (FSA L6P)
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$98,900
Brampton