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Listed by:

Re/Max Eastern Realty Inc.

Furniture Ladies Apparel Business First Time Offered For Sale

Port Perry, Ontario, Canada
Asking Price:
$75,000 (CAD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

UNIQUE RETAIL OPPORTUNITY FIRST TIME OFFERED: established fashion brands apparel and accessories business in irreplaceable, high-traffic Port Perry location.

Asking $75,000 + stock value.

POPULAR BRAND NAME APPAREL, ACCESSORIES & HOME DECOR store - shoppers favourite, in one of the most visited and well recognized locations in Port Perry's historic downtown. This "anchor" of Port Perry's Heritage district enjoys unparalleled visibility and proximity to public parking, Scugog Lake, parks and all the attractions and amenities of a bustling downtown while nestled in beautiful Victorian architecture. The store is known to attract tourists and out-of-towner shoppers making it highly busy fashion must stop location.

PANORAMA also sells selected furniture pieces and the whole store could easily be separated into 2 businesses: Lifestyle Apparel and Accessories (clothing, shoes, jewellery, etc.) and/or Furniture business. List of quality Canadian and Italian merchandisers is available; owner can facilitate a buyer's contact with brands and provide list of suggested additional brands.

Store area 4,329 sq ft. Base rent $25.00 sq ft + $6.00 TMI + HST & utilities.

Property Information

Real Estate:

Lease

Lease Terms:

Lease $25.00 per SF Base Rent + $6.00 per SF Additional Rent. Minimum 3 year term.

Lease Rent:
$31 (CAD) per sq ft per annum
Location:

Historic downtown, Port Perry, Ontario, just 30 minutes from Hwy 407/DVP

Premises Details:

Exceptional visibility & highest traffic location. Streetfront retail with great access and open layout.

Size in square feet:
4,329

Business Operation

Expansion Potential:

Potential to expand into 3000 SF lower level

Competition / Market:

None.

Reasons for selling:

Owner relocating.

Years established:
4

Other Information

Inventory / Stock value:
$350,000 (CAD)