Business Location: Newfoundland & Labrador Postal Code: A5A Relocatable: No
Business Categories:
Retail Stores & Trade Warehousing, Moving & Storage
BUSINESS FEATURES
Family owned retail furniture business that has been open since 1983 with well established clientele. One great draw to this business is the fantastic building with endless possibilities. Main level includes two large showrooms, 2 offices and 2 bathrooms. The upstairs has a living space currently occupied by owner and renovated only 10 years ago. It has 3 bedrooms, 2 bathrooms and a large rec room with newly finished deck and fantastic ocean view. In addition, 3 separate storage/warehouse areas in the basement, all easily accessible for commercial vehicles with great rental potential.
FINANCIAL INFORMATION
This furniture store has been self-sufficient since the doors opened with the financial statements available under certain conditions for serious buyers. Another benefit is the ability to avoid a second mortgage by living in the very comfortable apartment on the top level.
MARKET & COMPETITION
The business is located in Clarenville with established clientele, serving 96,000 people living in 90 communities in the surrounding area. It is strategically located between three peninsulas and within two hours' driving time to 70% of the province’s population. This area has a great potential with the upcoming (pending final approval) construction of a fuel refinery plant as well as an offshore drilling platform. Tourism takes a large roll within the town as it is a natural gateway to the scenic Discovery Trail.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
Main building (3 levels - living space, business level, warehouse) 2326 square f
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