40 King Street W Cobourg, Ontario K9A 2M1
$149,000
Profitable Retail Clothier! Established business 15+ years in busy downtown. Owner retiring! Solid income-generating enterprise with a loyal customer base. Enjoying approx. $100,000 in profit yearly. Approx. $100,000 in inventory to pass along with business!! Gross profit margins are excellent. Well-Established Apparel Business now for sale after many successful years on the main street. Prime Retail & Tourist area Business in the almost-filled to capacity downtown of ""Ontario's Feel Good Town"". An efficiently operated & dynamic Retail shop beloved by many on the main street with an excellent reputation for a superb, curated selection of apparel & accessories (list of items/inventory avail.) Known to provide great customer service & a fantastic selection of high-quality fashions for all ages & styles, with emphasis on vibrant fashions both Brand name & Custom or Unique items. Busy & open 6 days per week, perfectly situated on the desired sunny side of King St W, in a destination locale steps to a lively Tourist Beach, Marina Lakefront district. Financials & Income avail. to serious inquiries. Shipping & parking in back. Basement fully finished. Lease space back (or purchase building with residence which is also for sale) Lease Base Rent Will Be $4200+TMI (TMI to be calculated at time of purchase.) Unique Opportunity in fantastic location. VIA Train or 401 just up the street. 100km to Toronto. 2 staff members on payroll. Books for review will be made available with accepted offer in place. **** EXTRAS **** Lots of immaculate Storage Space & a Staff Room in Finished LL + 2, 2-pce baths & Utility Closet w/ Sink. Inventory approx. $100,000 (list to be provided upon offer.) Owners operate. 3 staff members. More details available in attachments. (id:47351)
Property Details
| MLS® Number | X11892927 |
| Property Type | Business |
| Community Name | Cobourg |
| AmenitiesNearBy | Public Transit |
| Features | Irregular Lot Size |
Building
| BathroomTotal | 2 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 2985.5 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 135 Ft ,10 In |
| SizeFrontage | 29 Ft ,9 In |
| SizeIrregular | 29.828 X 135.91 Ft ; 30.63 Ft X 135.91 Ft X 29.82 Ft X 52.44 |
| SizeTotalText | 29.828 X 135.91 Ft ; 30.63 Ft X 135.91 Ft X 29.82 Ft X 52.44 |
| ZoningDescription | Mc-4 |
https://www.realtor.ca/real-estate/27737948/40-king-street-w-cobourg-cobourg
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December 14 2024 06:19:45
Durham Region Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.