Great Local Store with LCBO, Lottery and More!
Cherry Valley, ON
| Asking Price: | $1,800,000 |
| Real Estate: | $1,300,000 |
| EBITDA: | $160,000 |
| Established Year: | 1955 |
Listing ID: 2131367Listing provided by BizBuySell
BUSINESS DESCRIPTION
Excellent opportunity to live and work in Prince Edward County. This an excellent business with LCBO, Lottery, Grocery, Clothing, Local Goods and so much more. Great opportunity to expand the business with the commercial kitchen. Live in the attached two bedroom apartment, rent it out for extra income or use the space to expand the business. Full turn key operation. Seller willing to help train and assist in helping the new owner to LCBO license, lotto license etc.
DETAILED INFORMATION
Location
Cherry Valley, ON
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,158
Employees
2
Facilities
The store, owners accommodations (could be used to extend the store or use as an STA) and close to half an acre of Local Commercial Land.
Growth & Expansion
Could expand with the Beer Store, owners currently choose not to use it, but it is available to them (potential to add over $400,000 in sales each year). Store is also closed on Mondays and from Christmas to the end of March, great opportunity to be open more and increase sales significantly.
Financing
Seller's willing to provide up to 50% VTB to qualified buyer at excellent interest ra
Support & Training
Owners will train.
Reason for Selling
Change.
BUSINESS LOCATION
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