310 PARK Avenue East (607876)
Excellent money maker. Well established with good reputation on busy traffic area, surrounded by regular residential clientele. Also lots of royal blue collar customers. Creates good revenue. On a corner spot. Approx 2500 sq ft. One of the top stores. High profit margin (over 35). Best deal with Imperial Tobacco. Weekly sales over $15,000. Lotto commission approx $2,300. Cigarette portion 51 (margin 17). ATM (not owned) $450. Store utilities $1,250. Current owner operating 16 yrs and would like to move due to further children's education in another City. He owns the property. Living unit in the rear building shall be leased along with the store. Rent $4,000 for both store (2,500 sq ft) & the house (3 bd, 2 baths, kitchen, dining, living & family area). Both are in good condition. Very convenient to live & run business. No Competition. OPP nearby. Seller nets $9k-10k monthly.
|Business TypeRetail and Wholesale||Business Sub TypeVariety store|
|FeaturesSee remarks||Lease Per Unitsquare feet|
|TransactionFor sale||Zoning Descriptioncom|
|CoolingFully air conditioned||Fire ProtectionSmoke Detectors|
|Bathrooms (Total)0||Storeys Total1|
|TypeRetail||Utility WaterMunicipal water|
|Size Irregular76' X 80'|
Listing Office: LONDON LIVING REAL ESTATE LTD., BROKERAGE
Data Provided by London and St. Thomas Association of REALTORS®
Last Modified :15/08/2017 10:21:27 PM
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