See all 11 photos
11 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Timothy Blais • EXP Realty of Canada Inc.
$119,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $29
MLS Listing ID 202527129
HOA Y/N No
Lot Size 10,280 Sqft
Acres 0.236
Property Sub-Type Business
Source Nova Scotia
Property 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. This location is leased, approximately 4,000 sft - $56k (property tax included). There is also an opportunity to acquire an additional 1 or 2 stores located in CBRM. - 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.
Location
Province NS
County Cape Breton
Area 201-Sydney
Zoning Commercial
Region Cape Breton
City Region Cape Breton
Interior
Heating Other Heating/Cooling
Cooling Other Heating/Cooling
Flooring Other
Equipment No Rental Equipment
Fireplace No
Exterior
View Y/N No
Roof Type Other
Garage No
Private Pool No
Parking Type Parking Spaces(s),Paved
Building
Lot Description Under 0.5 Acres
Water Other
New Construction No
Others
Ownership Freehold
ParcelsYN No
Read Less Info
