232 - 2 KING STREET W, Hamilton (Central)

$1

For sale: Other

Other at 232 - 2 KING STREET W, Hamilton (Central)
Property type
Sale Of Business
MLS®
MLS® X13058674
Neighbourhood
Central

Turnkey Alterations & Bridal Retail Business | Flexible Purchase OptionsExceptional opportunity to acquire a well-established alterations and bridal retail business in the heart of downtown Hamilton. Operating since 2012, the business has built a loyal customer base, strong local reputation and 4.8-star Google rating.Two established revenue streams include professional alterations for everyday clothing, bridal and formalwear, together with bridal and special-occasion dresses offered for sale and rental.Flexible purchase options: acquire the alterations business independently, with the opportunity to introduce dry cleaning or complementary garment-care services, or purchase the complete operation including the bridal retail division, inventory and dress rental business.The sale includes the established brand, website, online presence, equipment and inventory applicable to the purchased business, creating a streamlined transition for a new owner. Training and transition support from the current owner are also available.Proven operating history, low overhead and multiple avenues for future growth through expanded retail, marketing and complementary services.Prime downtown Hamilton location with established goodwill and significant opportunity for an owner-operator or entrepreneur looking to build on an existing business foundation.

Sold data

Homes in Hamilton (Central) — recent sold market

Homes in Hamilton (Central) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $685,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$685,000
Sale-to-list ratio
97.0%
Sold above asking
12%

Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Central)

Hamilton (Central) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Central)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 232 - 2 KING STREET W