#15 1575 Upper Ottawa Street, Hamilton (Rymal) - Business for Sale
#15 1575 Upper Ottawa Street, Hamilton (Rymal), Ontario, L8W3E2
This business in Hamilton is for sale. It has been on the market 20 days, fresher than the Hamilton average of 213 days.
Description
Excellent Opportunity To Own An Established Mr. Puffs Franchise In A Prime Hamilton Mountain Location, Near Upper Ottawa St & Rymal Rd E. Well-Operating Business With An Experienced Team In Place, Offering Strong Sales Through In-Store, Online & Delivery Platforms. Seller-Reported Approx. Annual Net Profit is over $220K. Great Opportunity For Owner-Operators Or Investors Looking For An Established Franchise Business. Financial Details Available To Qualified Buyers Upon Signing NDA. All Financial Information To Be Verified By Buyer. (id:66096)
Property Details
- MLS®
- X14082410
- Property Type
- Business
- Zoning
- Retail Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 20 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 20 days on market, against an average age of 213 days across the listings currently for sale in this city
This business in Hamilton (Rymal) has been listed for 20 days, which is 193 days fresher than the city average of 213. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L8W)
This home lists at $610,000, about 6.0× the local median household income of $101,000.
Carrying it typically needs a household income of about $119,154 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
- Median household income
- $101,000
- Population
- 26,077
- Median age
- 38.8
- Owner / renter
- 76% / 24%
- Avg. household size
- 3
Source: Statistics Canada, 2021 Census (FSA L8W)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$610,000
Hamilton