125 Reserve Street, Glace Bay, Nova Scotia, CA

Address: 125 Reserve Street, Glace Bay, Nova Scotia

0 Beds0 Baths8000 sqftStatus: Buy
Price $299,000

Property Overview


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 8,000 sft - $72k (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. (id:51532)

 

Tags




Property Summary
Property Type
Business
Community Name
Glace Bay
Title
Leasehold
Land Size
5.18 ac
Parking Type
Parking Space(s),Paved Yard
Building
Interior Features
Flooring
Other
Building Features
Total Finished Area
8000 sqft
Utilities
Water
Unknown
Parking
Parking Type
Parking Space(s),Paved Yard
Features
           Parking Space(s)            Paved Yard
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Your Home Finance Calculation

Property Price CA $299,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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