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High Traffic Muskoka Strip Mall And Variety Store

Location  Ontario,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1144000
Net Profit / Cash Flow  $348000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1974
Number of Employees  1 - 3
Inventory  40000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes.
Reason for Sale  Relocate.
Description  Location!Location!Location! You have heard it before because it is so important. Prime commercial location on very busy intersection, across from Gull Lake. New recreation centre is behind, car lots, KFC, service centres, etc. Very lg parking area with several safe entrances makes it easy to stop & shop here. Therefore merchant stay is long term and that`s what is happening here. Owner also has very successful variety store that he has hired a manager for. Nine commercial units-all but one is occupied currently leaving room for you to move into a 1400 sq ft location and there are two residential units, onc bachelor empty. Current total monthly income is $16,348. Total potential monthly income is $19,500. Solid building, new steel roof, very good condition, parking ashphalt in good condition as well. Operate the variety store yourself for add`l monthly income of $6000-$8000 or hire existing manager & continue to charge $4000 monthly management fee in addition to store rental.
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