$438,000
Available - For Sale
Listing ID: X9392282
240 Furnival Rd West , West Elgin, N0L 0A2, Ontario
| A fantastic opportunity to own your own business along with the property!!! This well-established and comfortable store enjoys steady sales and income, well-known to locals and the surrounding cottage/vacation community. The upper space can be utilized for either storage or a residential unit. No Basement.4 AC (3 unit-AC with Heater) - 2 from the previous owner (1 is about 6 years old) and 2 additional AC with Heater installed in 2023. Front door and security bars (2018), Roof (2016). The building also offers private parking with space for 6-8 vehicles behind the building. 2 separate entrances and has a lot of potential for Shop in shop (such as a Vape shop, LCBO, Bitcoin, or gift items). The current owner also operates a flower business from mid-April to May only, adding an additional seasonal revenue stream. |
| Extras: Ave Weekly Sale $8431, Cigarette about 60% (Margin 18%), other products about 40% margin. Lotto Comm $3100/M, Cleaning Depot $50/M. Monthly Net Income Approx. $ 10,866/month As Per Seller. |
| Price | $438,000 |
| Taxes: | $2105.00 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 240 Furnival Rd West , West Elgin, N0L 0A2, Ontario |
| Postal Code: | N0L 0A2 |
| Province/State: | Ontario |
| Legal Description: | PT LT 1 (FORMERLY LT 6 CON 8), 2 (FORMER |
| Lot Size: | 39.00 x 122.00 (Feet) |
| Directions/Cross Streets: | Queen St & Furnival Rd |
| Category: | With Property |
| Use: | Convenience/Variety |
| Building Percentage: | Y |
| Total Area: | 4768.41 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1300 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Rec Centre |
| Approximatly Age: | 100+ |
| Business/Building Name: | Marg's Variety |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 12 |
| Employees #: | 0 |
| Seats: | 0 |
| LLBO: | N |
| Taxes Expense: | $2105 |
| Insurance Expense: | $6108 |
| Heat Expenses: | $960 |
| Water Expense: | $840 |
| Other Expenses: | $4824 |
| Year Expenses: | 2023 |
| Expenses Actual/Estimated: | $Est |
| Outside Storage: | N |
| Rail: | N |
| Crane: | N |
| Soil Test: | N |
| Clear Height Feet: | 8 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | None |
| Water: | Municipal |
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%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE LANDMARK REALTY INC. |
|
|
Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-268-1000
Fax:
905-277-0020
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Elgin |
| Municipality: | West Elgin |
| Neighbourhood: | Rodney |
| Lot Size: | 39.00 x 122.00(Feet) |
| Approximate Age: | 100+ |
| Tax: | $2,105 |
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