1 - 10 PRESCOTT STREET
North Grenville, Ontario
MLS® X13478932
$249,900
- Status
- Active
- Property type
- Business
- MLS® number
- X13478932
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 30Listing description
Exceptional opportunity to acquire a thriving and highly profitable specialty retail business at 10 Prescott Street, Unit #1 in the heart of Kemptville. Established just three years ago, this successful trading card business has become a premier destination for collectors and enthusiasts throughout the region, delivering strong and consistent profitability over the past two years. This turnkey offering includes inventory, business assets, established supplier relationships, operational systems, and the assumption of the existing lease, allowing a new owner to step into a fully operational and growing business.
Financial statements are available to qualified buyers. A key competitive advantage is the business's exclusive distributor agreements with major suppliers. The owner holds protected territorial rights within a 60-kilometre radius, limiting direct competition and creating a strong market position.
These exclusive relationships provide significant value and a solid foundation for continued growth. Current revenues have been achieved with a relatively modest inventory investment, presenting an excellent opportunity for expansion. Increased inventory levels and product offerings could significantly enhance sales and profitability.
The business enjoys strong profit margins ranging from 20% to 300%, depending on product category and demand, and is well-positioned for future growth, with the potential to approach $500,000 in annual revenue within the next few years. Low operating costs and affordable lease rates further strengthen the investment opportunity, with the landlord requiring only a new two-year lease. The seller is willing to provide training and support to ensure a seamless transition.
A rare opportunity to acquire an established, profitable, and scalable business with exclusive territorial rights, strong margins, loyal clientele, and exceptional growth potential. Current rent is $1456 Per Month.
Property summary
- MLS® number
- X13478932
- Property type
- Business
- Square footage
- 950 sq ft
- Days on market
- 90 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $249,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.