10 PRESCOTT STREET, North Grenville, ON K0G1J0
10 PRESCOTT STREET, North Grenville, ON K0G1J0
10 PRESCOTT STREET, North Grenville, ON K0G1J0
10 PRESCOTT STREET, North Grenville, ON K0G1J0
10 PRESCOTT STREET, North Grenville, ON K0G1J0
10 PRESCOTT STREET, North Grenville, ON K0G1J0
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$ 349,900
Est. payment | /mo

950 SqFt


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$ 349,900
Est. payment | /mo
Save

950 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 950

Square Footage 950 sqft

Price per Sqft $368

Subdivision 801 - Kemptville

MLS® Listing ID X13478932

Property Description

Exceptional opportunity to acquire a thriving and highly profitable specialty retail business at 10 Prescott Street, Unit #1 in the heart of Kemptville. Established just three years ago, this successful trading card business has become a premier destination for collectors and enthusiasts throughout the region, delivering strong and consistent profitability over the past two years. This turnkey offering includes inventory, business assets, established supplier relationships, operational systems, and the assumption of the existing lease, allowing a new owner to step into a fully operational and growing business. Financial statements are available to qualified buyers. A key competitive advantage is the business's exclusive distributor agreements with major suppliers. The owner holds protected territorial rights within a 60-kilometre radius, limiting direct competition and creating a strong market position. These exclusive relationships provide significant value and a solid foundation for continued growth. Current revenues have been achieved with a relatively modest inventory investment, presenting an excellent opportunity for expansion. Increased inventory levels and product offerings could significantly enhance sales and profitability. The business enjoys strong profit margins ranging from 20% to 300%, depending on product category and demand, and is well-positioned for future growth, with the potential to approach $500,000 in annual revenue within the next few years. Low operating costs and affordable lease rates further strengthen the investment opportunity, with the landlord requiring only a new two-year lease. The seller is willing to provide training and support to ensure a seamless transition. A rare opportunity to acquire an established, profitable, and scalable business with exclusive territorial rights, strong margins, loyal clientele, and exceptional growth potential. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Listed by EXP REALTY
Katie VanNes

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

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10 PRESCOTT STREET