15 MAIN STREET E, Newmarket (Central Newmarket)

$328,888

For sale: Other

Other at 15 MAIN STREET E, Newmarket (Central Newmarket)
Property type
Sale Of Business
MLS®
MLS® N13516370
Neighbourhood
Central Newmarket

Turnkey, Profitable, Established Flower Shop - Rare Opportunity! Own a well-established, independently operated flower shop with a strong reputation, loyal clientele, and proven financial performance. This is a true turnkey business with everything in place for a seamless transition. Strong Financial Performance: Healthy annual sales with an impressive 18-19% net profit margin, providing an excellent opportunity for an owner-operator or investor. Unlike a franchise, this independent business has no franchise fees or ongoing royalty payments, allowing the owner to keep 100% of the profits. The buyer also has complete freedom to source flowers and supplies from any vendor of their choice, with no restrictive supplier agreements. The lease offers exceptional value with all-inclusive rent, including TMI and utilities, providing predictable monthly operating costs with no hidden surprises for only $2,121/monthIn addition to its established floral business, the existing website offers significant growth potential. A new owner can easily expand the product line to include gift baskets, gourmet items, plants, seasonal gifts, home décor, and other specialty products to create additional revenue streams. An outstanding opportunity to acquire a respected, profitable business with an established customer base, operational flexibility, and significant potential for future growth.

Sold data

Homes in Newmarket (Central Newmarket) — recent sold market

Homes in Newmarket (Central Newmarket) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 240 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $949,450.

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

About 18% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$949,450
Sale-to-list ratio
97.0%
Sold above asking
18%

Based on 240 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Newmarket (Central Newmarket)

Newmarket (Central Newmarket) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.

Rated schools
24
Elementary
19
Secondary
5
Average rating
6.3 / 10

Top-rated schools in Newmarket (Central Newmarket)

  • Bogart — elementary, NewmarketFraser rating 8.6/10
  • Newmarket — secondary, NewmarketFraser rating 8.5/10
  • Stuart Scott — elementary, NewmarketFraser rating 7.9/10
  • Rogers — elementary, NewmarketFraser rating 7.8/10
  • Sacred Heart — secondary, NewmarketFraser rating 7.2/10
  • Alexander Muir — elementary, NewmarketFraser rating 7.0/10

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

Currently for sale

Homes for sale near 15 MAIN STREET E