Welcome to this remarkable sale of business located in the coveted neighborhood of 801 - Kemptville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Data-driven valuation for 10 Prescott Street, North Grenville, ON K0G 1J0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Grenville.
About Purchasing a Home in North Grenville, ON
For a property listed at $349,900 in North Grenville, the legal minimum down payment is $17,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,724 for this transaction. As this listing is in North Grenville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.