#F03 2 Tremont Drive, St. Catharines (Glendale/Glenridge) - Business for Sale
#F03 2 Tremont Drive, St. Catharines (Glendale/Glenridge), Ontario, L2T3B2
This business in St. Catharines is for sale offering roughly 1,250 sq ft of space.
Description
Newer UPS Store Franchise, only 2.5 Years in Operation run by proud and hardworking owners that take great care of customers. The store has lots of potentials To Develop Business. It is in a spectacular and Busy Traffic Area that is highly sought after in St Catharines. The shopping area has Walmart, banks, cinemas and restaurants with heavy footfall. The location could not be better in the city for this business. Excellent sized store includes services for Shipping, Packaging, Notary, Shredding, Printing, Wide Format Printing, Lamination, Book Binding, T Shirt Printing via 3rd party, Fax and 116 Mailboxes. Rent with TMI & HST is low at 3923.21/Month. The lease has a 10-yr term to 2033 with further option to renew. There is tremendous potential to increase Revenue via income options and natural revenue growth as the store continues to establishes itself. There are some opportunities to reduce costs. The owner can explain better. Based on the record provided by seller, total annual revenue 115,000 and gross profit is 63%. For details, please sign NDA. The store has one of the highest google review ratings in the network. This business opportunity is ideal for someone who wants to own a strong brand franchise however wants to avoid the initial effort & capital of building the business as this UPS store is ready for take off! (id:66096)
Property Details
- MLS®
- X12728826
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Bathrooms
- 1
- Interior Size
- 1,250 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 282 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 282 days on market, against an average age of 71 days across the listings currently for sale in this city
This business in St. Catharines (Glendale/Glenridge) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L2T)
This home lists at $200,000, about 2.7× the local median household income of $74,500.
Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $74,500
- Population
- 11,401
- Median age
- 42
- Owner / renter
- 67% / 33%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L2T)
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$200,000
St. Catharines