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in Abbotsford: Central Abbotsford Business for sale : MLS®# C8014206

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Main Photo:  in Abbotsford: Central Abbotsford Business for sale : MLS®# C8014206
$299,900
Prop. Type:
Business
MLS® Num:
C8014206
Status:
Active
Bus Major:
General Retail
Bus Minor:
GR - Smoke Shop
Build. Type:
Commercial Mix
Excellent opportunity to own this very well established & known franchise "Shefield & Sons". This business has been successfully operated at same location for 25 years. It has expanded into double the store size & tripled in gross sales. This business is in a large shopping centre which as the 3rd highest foot traffic in B.C. Booming post office & Cigarette sales along with Lotto, mail rental boxes, key cutting, Gift items & beverages. Low rent & over head cost. Signed 10 yrs. base rate fixed lease. Gross sales for 2015 was +/- 1.1 million. Extra bonuses are paid by Post office every month over projected sales. Great set up for Husband & Wife operation. Seller will fully train the buyer. Lease & financials are available on accepted offer. Do not approach the Sellers. Staff is unaware of the sale. Open 7 days a week as per Mall hours. Must T.B. to show.
Sale Type:
Asset
Lease Type:
Gross
Lease Term:
10
Property Type:
Business
Business Name:
SHEFIELD & SONS
Major Bus Type:
General Retail
Minor Bus Type:
GR - Smoke Shop
Bus Op Since:
1995
Construction:
See Remarks
Building Type:
Commercial Mix
Year built:
1995 (Age: 23)
Total Floor Area:
Switch units of measure727 sq. ft.
Retail Size:
Switch units of measure727 sq. ft.
Land Use/Zoning:
C-1
Taxes:
$810.6 / 2016
HVAC:
See Realtor Remarks
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by Century 21 Coastal Realty (Abbotsford) Ltd.
Listing information last updated on May 4, 2018 at 10:05 PM (UTC)
RAJ DHALIWAL