24
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$149,000
Est. payment /mo
2 BA
2,985 SqFt
New
40 King ST W Cobourg, ON K9A 2M1
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UPDATED:
12/14/2024 05:56 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,985 sqft
Price per Sqft $49
MLS Listing ID X11892927
Annual Tax Amount $5,135
Tax Year 2024
Property Description
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.
Location
Province ON
County Northumberland
Community Cobourg
Area Northumberland
Region Cobourg
City Region Cobourg
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Others
Security Features No
Listed by CENTURY 21 ALL-PRO REALTY (1993) LTD.
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