Multi Faceted Retail Business in Cottage Country Owner Retiring
$325,000.00 (Cdn)
Business Location: Eastern Ontario Postal Code: K0J Relocatable: No
Business Categories:
Retail Stores & Trade Food & Related Products
BUSINESS FEATURES
This multi-faceted retail business looks out over the beautiful Madawaska river in the heart of the Madawaska Highlands. This is a very picturesque & popular tourist area. It has a fully equipped kitchen inc. pizza oven, grill, & fryer.It also has a gas bar, Post Office & MNR licences, plus clothing, gifts, grocery, & confectionery. The living quarters being approx 800 sq. ft. would suit a couple plus 1 or 2 children. It consists of a kitchen, L.R., 2 bedrooms, 1&1/2 baths with Jacussi tub, & approx 500 sq. ft of basement. Stats Can. shows this area having a 20% growth rate compared to the Canadian avg. of 7%.
FINANCIAL INFORMATION
I have operated this business as a single person for 10.5 years. It has served me well & continues to do well. Since putting in the Pizza kitchen in July 2000 sales have gone up. We did see a downturn in 2006 as did most tourist related business.
My sales & profit have increased approx 15% over last year even though I have cut my hours back by 20%. There is much room for expansion for a working couple. Owner will finance with min. 30% down pmt.
MARKET & COMPETITION
There is a restaurant, a liquor & beer store in addition to my own business. We each have our own niche market even tho we each market some of the same products such as confectionery etc.This is a tourist area, & is home to some of the best whitewater in Ontario which in itself attracts many people & has spawned other businesses. The route through Calabogie to here is a favourite for bikers who will fill the parking lot many times during the summer.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
A 1/2 acre property, 1600 sq. ft. main bldg.1/2 of which is store & 1/2 is residence. A heated workshop & 2 storage sheds. Two in ground gas tanks, a fully equipped pizza & takeout kitchen. All store fixtures inc. coolers,freezers, scales, cash register etc. A 17.5 KW generator backup system. Two Billboards, picnic tables & much more.
- EXCLUDED from the Price -
Personal effects, stereo, TV & furniture etc.
All office equipment inc. desk & computer equipment
Gas Pumps, t-bar lights & store sign,(supplied by fuel dealer)
Ice box & Propane cage (property of suppliers)
POS terminal, Can. Post scales,& postage meter (rented)
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