+6 more
$119,000
785 Main Street
Sydney Mines (Sydney Mines), Nova Scotia, B1V2L7
business·sale
Active
0.236 ac
Lot
About This Property
This business in Sydney Mines offers a 0.236 ac lot. The property has lot dimensions of 0.236. The home features other flooring.
MLS Remarks
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:60351)
Overview
Property Typecommercial
Sub-Typebusiness
Ownership
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