128 Queen Street S

Property facts

Price

$190,000

Type

sale of business

Bedrooms

0

Bathrooms

0

MLS®

W13801930

Status

active

Brokerage

HOMELIFE LANDMARK REALTY INC.

About this home

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.

Location