haho.ca
$60,000
For sale

66 Elgin Street West, Cobourg - Business for Sale

66 Elgin Street West, Cobourg, Ontario, K9A5T4

Listed 111 days ago
Overview

This business in Cobourg is for sale.

Description

Established High-End Drapery Workroom - Turnkey Opportunity. Exceptional opportunity to acquire a well-established custom drapery workroom with 31 years of experience. Drapery Trends is known for producing high-quality, custom soft furnishings, including drapery, top treatments, Roman shades, specialty window coverings, duvet covers, shams, and throw pillows. This turnkey wholesale business services a strong and loyal client base of interior designers, decorators, and window treatment professionals across Ontario and Alberta. The operation is fully equipped and organized for efficient production and is capable of shipping finished products across Canada. The business also features a small retail showroom with fabric and window treatment samples, offering immediate potential for expansion into the retail market. A previously developed budget-conscious drapery program presents an additional growth opportunity for a new owner to further scale revenues. Drapery Trends has built a solid reputation for craftsmanship and reliability. The current owner brings a proven track record, having also previously owned Ella's Drapery and Blinds, successfully sold in 2019. This is an ideal opportunity for an industry professional or entrepreneur looking to step into a respected, fully operational business with strong growth potential. Serious inquiries only. (id:66096)

Property Details

MLS®
X13572876
Property Type
Business
Zoning
LM-14
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Garage
Other
Listed
111 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
111d
Cobourg listings, avg age
80d
List price
$60K

Long Listed: 111 days on market, against an average age of 80 days across the listings currently for sale in this city

Homes here sell close to asking price

Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Cobourg is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX Rouge River Realty Ltd. · Elaine Yates

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9A)

This home lists at $60,000, about 0.7× the local median household income of $82,000.

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
$82,000
Population
26,757
Median age
53.2
Owner / renter
74% / 26%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA K9A)

$60,000
For sale

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Financing

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$60,000

Cobourg

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