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$438,000
Available - For Sale
Listing ID: X9392282
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: $2,105
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 x 122 (Feet)
Directions/Cross Streets: Queen St & Furnival Rd
Zoning: C1
Category: With Property
Use: Convenience/Variety
Building Percentage: Y
Total Area: 4,768.41
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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Asking Price: $ Heating: $ /Year  
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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.

240 Furnival Rd West , West Elgin, N0L 0A2, Ontario


 
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At a Glance:
Type: Com - Sale Of Business
Area: Elgin
Municipality: West Elgin
Neighbourhood: Rodney
Style:
Lot Size: 39.00 x 122.00(Feet)
Approximate Age: 100+
Tax: $2,105
Maintenance Fee: $0
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