#5,6 1201 Franklin Boulevard, Cambridge - Business for Sale
#5,6 1201 Franklin Boulevard, Cambridge, Ontario, N1R6R7
This business in Cambridge is for sale. It has been on the market 32 days, fresher than the Cambridge average of 57 days.
Description
Established Building Supplies Business for Sale - CambridgeExcellent opportunity to acquire a well-established building supplies business in a prime Cambridge location, generating approximately $1 million in annual sales. Features include very attractive rent, a loyal customer base, excellent highway access, and strong business potential. Turnkey operation with the opportunity to generate revenue from day one. Seller will provide training to ensure a smooth transition. Ideal for an owner-operator or an industry professional looking to expand.A great opportunity to take over an established, revenue-generating business! (id:66096)
Property Details
- MLS®
- X13858922
- Property Type
- Business
- Zoning
- M3
- Frontage
- 196 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 32 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 32 days on market, against an average age of 57 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.
Homes here sell close to asking price
Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Cambridge has been listed for 32 days, which is 25 days fresher than the city average of 57. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N1R)
This home lists at $60,000, about 0.8× the local median household income of $77,000.
Carrying it typically needs a household income of about $11,720 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $77,000
- Population
- 42,928
- Median age
- 40.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA N1R)
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$60,000
Cambridge