Established Canadian businesses - For Sale by Owner - in Canada
Listing # 02811002
Business For Sale
General Store /LCBO Agency Store with Large Owner's Apartment
$459,900.00 (Cdn)
Business Location: South Central Ontario Postal Code: L0K Relocatable: No
Business Categories:
Retail Stores & Trade Food & Related Products
BUSINESS FEATURES
Located on the beautiful Severn River, halfway between Swift Rapids Lock and the Big Chute Marine Railway. On the water tourist business (without the waterfront taxes). Large 2000 sq ft owners apt. above the store. One bedroom cabin also on site - could be rented for extra income. Parking for 8 cars. Customers are cottagers - many with water access only properties as well as transient boaters.
We sell everything-groceries, ice, fishing tackle, hardware, novelties as well as beer, wine and Liquor. We also have an Ice Cream and Pizza parlour which could also host a deli or bake shop or anything else you might want.. The LCBO Agency licence is NOT TRANSFERABLE and would have to be applied for.
FINANCIAL INFORMATION
The store has been in existence for 85 plus years. We have owned the business for 15 years and wish to retire. Currently we operate only 8 months of the year. This a life style business and is ideally suited to one person having an outside part time job. We employ 2 to 4 students for part of June and all of July and August and operate it the rest of the time by ourselves. There is huge potential to grow and expand the business.
Financial statements are available for interested buyers.
MARKET & COMPETITION
Customers are cottagers, full time residents and transient boaters and day trippers.
We are a licensed LCBO Agency Store. The nearest town is Coldwater - 26 Km away. We are situated halfway between two locks and there is a government wharf in town at which transient boaters may dock for the night. There is a restaurant in town as well as gas available for cars and boats, One of the main snowmobile trails goes right through the town.
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