For Sale

1059 KING Street, Hamilton, Ontario L8S1L8

$189,900

1059 KING Street, Hamilton, Ontario L8S1L8 is For Sale and has a listing price of 189,900. The property is located in the Westdale South neighbourhood. It's been on the website for 8 Days.

  • Business
    Property Type
  • MLS ID: XH4202585
  • Office Name RE/MAX Escarpment Realty Inc.
Property Description

Amazing established TCBY yogurt franchise in heart of Westdale. Location very close to McMaster University. Grossing over $20K average per month & at 1 time more than double that! Could easily be ramped up once again. NEW Franchises selling for between $200,000.00 to $250,000.00 w/o established clientele. *Same owner for over 30 years & only reason they are selling is due to health issues. Approx 1000 sq ft of retail space + basement, (as per Seller). Since 1981, TCBY has been known for innovative yogurt flavors & exciting new products. They offer a selection diverse enough to appeal to just about everyone. From their signature soft-serve yogurt to our new, fruit & yogurt packed smoothies; the choices are still perfect for a healthier, active, & balanced lifestyle. They also carry decadent ice creams & cakes for any occasion.TCBY Westdale has been proudly serving the community for over 30 years & counting & thanks to our loyal fans they have become Westdale’s premier frozen yogurt destination. Subject to Lease assumption approval from Landlord, along with training & acceptance of applicant by Franchisor. *CAN BE PURCHASED AS ASSET SALE & LEASE LOCATION OTIMIZATION AS FRANCHISE RENEWAL NOT EXECUTED. Both Landlord & Franchisor are co-operative & open to the transition. Extensive list of chattels and equipment provided & all owned. Point of sale system is owned. Confidentiality Agreement must be executed. Attach Sched B & form 801 to all Offers. Viewings after store hours. (id:43137)

Property Details
  • MLS ID: XH4202585
  • Price: $189,900
  • Transaction Types: For Sale
  • Ref ID: 27427536
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
08/23/2024 XH4202585 $189,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Westdale South
  • $969,946 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.35 % Up
  • Sold (12mo) 19
  • Rented (12mo) 7

  • 1 Month Change -16.5%
  • 3 Month Change -8.1%
  • 6 Month Change -6.5%
Walkscore
  • 93 Walk Score
    Walker's Paradise
  • 62 Transit Score
    Good Transit
  • 89 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    77.47%
  • Commercial
    20.88%
  • Condo
    1.65%
Additional Details
  • Sewers Sanitary Sewer, Storm Sewer
  • Basement2 None
  • Heating System Forced Air
  • Water Municipal Water
  • Property Features Country Residential
  • Fireplace False
  • Security Smoke Detectors
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 23/08/2024 00:00:00
  • Zoning Res-4
  • Agent Name: Vincent Richard Formosi
  • Last Updated: 25/09/2024 17:16:49
Open House Dates
  • 1. 28/09/2024 (Start time: 10:00 AM - End time: 12:00 PM)
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