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785 Main Street Sydney Mines, Nova Scotia B1V 2L7

$119,000

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. (id:45785)

Business

Business Type Retail and Wholesale
Business Sub Type Shopping center

Property Details

MLS® Number 202524341
Property Type Business
Community Name Sydney Mines

Building

Flooring Type Other
Total Finished Area 4000 Sqft
Utility Water Unknown

Parking

Parking Space(s)
Paved Yard

Land

Acreage No
Size Irregular 0.236
Size Total 0.236 Ac
Size Total Text 0.236 Ac

https://www.realtor.ca/real-estate/28912720/785-main-street-sydney-mines-sydney-mines

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Timothy Blais

(902) 441-9589

Exp Realty Of Canada Inc.
1959 Upper Water Street, Suite 1301
Halifax, Nova Scotia B3J 3N2

(902) 471-3500