Great opportunity to own a branded department store offering a wide selection of products including: clothing, footware, toys, yarn, stationary products and much more. The business has been operating from its current location since 1969 and under the current owners since 1985. The business brings a loyal, repeat customer base and an established list of suppliers. Owners are retiring and willing to train to ensure a successful transition.
The owner is willing to sell or lease the real estate on reasonable terms. The business currently occupies the ~12,200 sq. ft. main floor. Tremendous growth opportunity to utilize the downstairs (~12,000 sq. ft.) with high ceilings and approximately 10% of floor space currently being used for storage.
Listing ID: 1384214000002414144
Location: Northern Ontario
Asking Price: $1,450,000.00
Discretionary Earnings: $000
Number of Employees: 0
Financing Available: true
Minimum Down: $362,500.00