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 Buy a Canadian company Listing # 63123001
 
 Business  For  Sale 
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Exceptional Mini-Plaza and Business + Apartment near Lake in Rural Setting

$749,000.00 (Cdn)

Exceptional Mini-Plaza and Business + Apartment near Lake in Rural Setting
 
Exceptional Mini-Plaza and Business + Apartment near Lake in Rural Setting
 
Exceptional Mini-Plaza and Business + Apartment near Lake in Rural Setting
 
Exceptional Mini-Plaza and Business + Apartment near Lake in Rural Setting
 
Exceptional Mini-Plaza and Business + Apartment near Lake in Rural Setting
 
Business Location: SouthWestern Ontario
Postal Code: N0N
Relocatable: No
 
Business Categories:
Real Estate & Rental Buildings
Retail Stores & Trade
 
BUSINESS   FEATURES
Located on a large, corner lot just two blocks from the shores of Lake Huron. A well-known and visited tourism destination in cottage country, complemented by a stable and loyal year-round customer base in the quieter, off-season. Year-round business was established prior to 1965 and has been under current ownership for 11+ years. Will not be on the market long so please get in touch soon for more information. No realtors please! Owners wish to pursue other opportunities.

FINANCIAL  INFORMATION
Profitable and sustainable. Sales revenues of $2.0 million to $2.5 million per year. Includes income from ATM. Cash Flow (EBITA): )$120,000. Depending on seasonal, part-time staffing needs, net profits would be substantially higher. Potential to realize seasonal or year-round apartment rental in addition to income from the business. Property is zoned Commercial/Residential.

MARKET  &  COMPETITION
Located near the beach, business activity goes from very busy in Summer to a more leisurely pace in the off-season, ideal for enjoying country living with its more relaxed, customer-friendly environment. Nearest town is 15 km away so year-round cottagers and campers enjoy the convenience of having a general store, laundromat and beverage alcohol outlet in their immediate community. Area businesses include a restaurant nearby, a motel, a liquidation store and a grocery store.

INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  

  • Year-round Convenience/General/Gift Shop + Assets; 4,800 SF
  • LCBO Agency & The Beer Store Retail Partner (owner must qualify for a license)
  • Bottle Return Depot (attached building)
  • Commercial coin-operated Laundromat
  • Fully-remodeled Apartment (1,200 SF) 2-3 bdrm, 2 bathrooms, office, appliances
  • Storage areas (including trailer)
  • In-Season Scoop and Soft-Serve Ice-Cream Parlour (separate building; 800 SF)
  • Entertainment Patio; dedicated parking for up to 30 vehicles
  • Fenced side/back yard on almost one acre property, steps from Lake Huron

  -  EXCLUDED  from  the  Price  -  

  • Stock additional, including LCBO and TBS inventory

  -  OPTIONAL  &  EXTRAS  -  

  • Some Apartment furniture negotiable
  • Chip Wagon on site under different ownership but may be willing to sell

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DISCLAIMER
BusinessSellCanada is not responsible for the accuracy of the information shown in this "Business For Sale" listing.  We provide advertising space only - we are not business brokers.  We do not verify the Seller's authority.  The Buyer should contact the Seller directly and verify the accuracy of all information to his/her own satisfaction.


 

 
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