$149,000
Available - For Sale
Listing ID: X11892927
40 King St West , Cobourg, K9A 2M1, Ontario
| Profitable Retail Clothier! Established business 15+ years in busy downtown. Owner retiring! Solid income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. Approx. $100,000 in inventory to pass along with business!! Gross profit margins are excellent. Well-Established Apparel Business now for sale after many successful years on the main street. Prime Retail & Tourist area Business in the almost-filled to capacity downtown of "Ontario's Feel Good Town". An efficiently operated & dynamic Retail shop beloved by many on the main street with an excellent reputation for a superb, curated selection of apparel & accessories (list of items/inventory avail.) Known to provide great customer service & a fantastic selection of high-quality fashions for all ages & styles, with emphasis on vibrant fashions both Brand name & Custom or Unique items. Busy & open 6 days per week, perfectly situated on the desired sunny side of King St W, in a destination locale steps to a lively Tourist Beach, Marina Lakefront district. Financials & Income avail. to serious inquiries. Shipping & parking in back. Basement fully finished. Lease space back (or purchase building with residence which is also for sale) Lease Base Rent Will Be $4200+TMI (TMI to be calculated at time of purchase.) Unique Opportunity in fantastic location. VIA Train or 401 just up the street. 100km to Toronto. 2 staff members on payroll. Books for review will be made available with accepted offer in place. |
| Extras: Lots of immaculate Storage Space & a Staff Room in Finished LL + 2, 2-pce baths & Utility Closet w/ Sink. Inventory approx. $100,000 (list to be provided upon offer.) Owners operate. 3 staff members. More details available in attachments. |
| Price | $149,000 |
| Taxes: | $5135.06 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 40 King St West , Cobourg, K9A 2M1, Ontario |
| Postal Code: | K9A 2M1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 6 BLK D ( cont'd see attachment) |
| Lot Size: | 29.83 x 135.91 (Feet) |
| Directions/Cross Streets: | 2nd Street or Division Street |
| Category: | Without Property |
| Use: | Apparel |
| Building Percentage: | Y |
| Total Area: | 2985.50 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2986 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 100+ |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 10-5 |
| Employees #: | 3 |
| Seats: | 0 |
| LLBO: | N |
| Sprinklers: | N |
| Washrooms: | 2 |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Soil Test: | N |
| Grade Level Shipping Doors #: | 1 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Sewers: | San+Storm |
| Water: | Municipal |
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| CENTURY 21 ALL-PRO REALTY (1993) LTD. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Lot Size: | 29.83 x 135.91(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,135.06 |
| Baths: | 2 |
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