For Sale

1490 Barton Street, Hamilton (Homeside), Ontario L8H2X2

$600,000

1490 Barton Street, Hamilton (Homeside), Ontario L8H2X2 is For Sale and has a listing price of 600,000. The property is located in the Homeside neighbourhood. It's been on the website for 65 Days.

  • Business
    Property Type
  • MLS ID: X9045706
  • Office Name RE/MAX REAL ESTATE CENTRE INC.
Property Description

Outstanding and Profitable ATM business for sale!! Comprised of 90 machines, primarily located in Hamilton, with additional placements in Mississauga, Brampton, Milton, Oakville, Burlington, Durham and Niagara Region. The business processes approximately 13,000 monthly transactions, each earning a margin of $2 to $2.50, generating Annual Gross Commission of $370,000 as per Seller. Total annual expenses include Payouts to Locations ($70,000) and insurance as well as minor maintenance issues ($12,000). Only a single operator required to replenish cash. The operation is fully monitored 24/7, providing real-time statements. Cash replenishment is managed weekly. Each machine valued between $3,000 to $4,000. Net Income for the period of July 2023 to June 2024 was approximately $286,000!!! System is fully automated and digital, with comprehensive documentation ensuring seamless operations. Perfect opportunity as an investment for additional income! **** EXTRAS **** Excel Sheet of Sales Summary Attached. (id:43137)

Property Details
  • MLS ID: X9045706
  • Price: $600,000
  • Transaction Types: For Sale
  • Ref ID: 27190355
  • 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
09/17/2024 X9354389 $1,499,900 For Sale - -
07/18/2024 X9045706 $600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Homeside
  • $723,437 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.91 % Up
  • Sold (12mo) 43
  • Rented (12mo) 2

  • 1 Month Change +75.9%
  • 3 Month Change +34.0%
  • 6 Month Change +78.7%
Walkscore
  • 79 Walk Score
    Very Walkable
  • 51 Transit Score
    Good Transit
  • 58 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    77.26%
  • Commercial
    21.43%
  • Condo
    1.13%
  • Land for Sale
    0.19%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 18/07/2024 00:00:00
  • Zoning Ru1
  • Agent Name: MUHAMMAD IMTIAZ
  • Last Updated: 04/09/2024 04:28:28
Open House Dates
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