Profitable & Popular. A Great Turnkey income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. Well-Established Apparel Business now for sale after many successful years on the main street. Prime Retail & Tourist area Business in the almost-filled to capacity downtown of "Ontario's Feel Good Town". An efficiently operated & dynamic Retail shop beloved by many on the main street with an excellent reputation for a superb, curated selection of apparel & accessories (list of items/inventory avail.) Known to provide great customer service & a fantastic selection of high-quality fashions for all ages & styles, with emphasis on vibrant fashions both Brand name & Custom or Unique items. Busy & open 6 days per week, perfectly situated on the desired sunny side of King St W, in a destination locale steps to a lively Tourist Beach, Marina Lakefront district. Financials & Income avail. to serious inquiries. Shipping & parking in back. Basement fully finished. Lease space back (or purchase building with residence which is also for sale) Lease Base Rent Will Be $4200+TMI (TMI to be calculated at time of purchase.) Unique Opportunity in fantastic location. VIA Train or 401 just up the street. 100km to Toronto. 2 staff members on payroll. Books for review will be made available with accepted offer in place.
Extras
Plenty of Storage Space & Staff Room in Finished LL + 2, 2-pce baths & Utility Closet w/ Sink. Inventory approx. $100,000 (list to be provided upon offer.) Owners operate. 3 staff members. More details available in attachments.
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Detailed Information
Freestanding
Y
Bathrooms
2
Lot
29.83 x 135.91 ft
Lot Irregularities
30.63 ft x 135.91 ft x 29.82 ft x 52.44
Retail Area
2,986 ft2
Total Area
2,985.5 ft2
Approximate Age
100+
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
None
Amps
200
Days Open
6
Hours Open
10-5
LLBO
N
Employees
3
Heat Type
Gas Forced Air Closd
Financial Statement
N
Gross Income/Sales
$375,000
Hydro Expense
$73
Heat Expenses
$225
Taxes Expense
$5,135
Year Expenses
$2,024
Expenses Actual/Estimated
Est
Estimated Inventory Values At Cost
$100,000
Outside Storage
N
Area Influences
Public Transit
Soil Test
N
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Grade Level Shipping Doors
1
Crane
N
Rail
N
Survey
N
Lot/Bldg/Unit Code
Lot
Zoning
MC-4
Seller Property Info Statement
N
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