haho.ca
$190,000
For sale

#7 128 Queen Street South, Mississauga (Streetsville) - Business for Sale

#7 128 Queen Street South, Mississauga (Streetsville), Ontario, L5M1K8

Listed 49 days ago
Overview

This business in Mississauga is for sale. It has been on the market 49 days, fresher than the Mississauga average of 61 days.

Description

Established Once Upon A Child (OUAC) Franchise Resale Opportunity In The Heart Of Streetsville, Mississauga! Located At 128 Queen Street South, This Operating Business Offers Buyers The Opportunity To Acquire A Recognized Children's Resale Brand With An Established Customer Base, Experienced Team And Proven Operating Systems. The Store Was Built Out New In 2022 To Brand Standards And Features A Fully Equipped Retail Space, Four POS Stations, Ample Customer Parking, Dedicated Store Parking And Convenient Rear Loading Access.The Business Specializes In Quality Gently Used Children's Clothing, Toys, Books, Shoes, Accessories And Equipment, Serving Value-Conscious Families Throughout Mississauga And Surrounding Communities. The Business Generates Approximately $700,000 In Annual Sales And Approximately $70,000 In Seller's Discretionary Earnings. Approximately 12-14 Employees Currently Support Operations, Providing An Excellent Foundation For A Hands-On Owner-Operator Looking To Further Grow Sales, Inventory, Marketing And Community Engagement. Established Social Media Presence And Strong Local Brand Recognition.Excellent Opportunity To Acquire An Established Operating Franchise Rather Than Starting From The Ground Up. Asking Price Of $190,000 Excludes Inventory. Inventory Is Currently Estimated At Approximately $150,000 At Cost And Will Be Adjusted Based On A Physical Inventory Count At Closing. The Current Lease Runs Through September 2027. At Lease Expiry, The Buyer Has Flexibility To Relocate The Business (Subject To Franchisor Approval) Or Pursue Available Renewal Options For Up To An Additional Five Years. (id:66096)

Property Details

MLS®
W13801930
Property Type
Business
Zoning
Commercial
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
49 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
49d
Mississauga (Streetsville) listings, avg age
61d
List price
$190K

Long Listed: 49 days on market, against an average age of 61 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 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Mississauga (Streetsville) has been listed for 49 days, which is 12 days fresher than the city average of 61. Act while there is still low competition.

Listed by HOMELIFE LANDMARK REALTY INC. · SCOTT MA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $190,000, about 1.6× the local median household income of $118,000.

Carrying it typically needs a household income of about $37,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$118,000
Population
106,468
Median age
39.6
Owner / renter
77% / 23%
Avg. household size
3.3

Source: Statistics Canada, 2021 Census (FSA L5M)

$190,000
For sale

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Financing

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$190,000

Mississauga

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