Description
Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the ability to create immediate increased profitability. The price includes the other 2 store locations (Glace Bay and Syndey Mines areas), and there's an option to purchase individually. - Annual revenues growing at a rate of 8%. - Consistent Gross profit margins of 45% - Ideal locations in the communities served, long history of customer patronage from a broad customer base Based on the current owners length of time in business, he's certain each location's profit can be increased by $50k or more with a hands on owner who is engaged with the community and managing inventory more appropriately.
Listing Details
238 Commercial, North Sydney, B2A 1B7
ACTIVE
$589,000
202510679
n/a
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6,000 ft2
6,000 ft2
15025539
Municipal
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Building Specifications
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Other
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Other
