Profitable Retail Clothier! Established business 15+ years in busy downtown. Owner retiring! Solid income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. Approx. $100,000 in inventory to pass along with business!! Gross profit margins are excellent. 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 **** Lots of immaculate Storage Space & a 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. (id:47423)
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Detailed Information
Bathrooms
2
Lot
29.75 x 135.83 ft
Amenities Nearby
Public Transit
Features
Irregular lot size
Listing Contract Date
2024-12-10
Location Description
2nd Street or Division Street
Property Type
Business
Transaction Type
For sale
Zoning Description
MC-4
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Water
Municipal water
Land
Total Size
29.828 x 135.91 FT ; 30.63 ft x 135.91 ft x 29.82 ft x 52.44
Amenities
Public Transit
Size of Irregular Land
29.828 x 135.91 FT ; 30.63 ft x 135.91 ft x 29.82 ft x 52.44
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