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Attention: Entrepreneurs, Investors - Profitable, Turnkey Business for Sale

500 Main Street -

Great business opportunity for Investor / Entrepreneur / PNP Program.

Profitable, turnkey Health Food retail store business in busy location in Down East Mall, Montague. Organic & natural health food & spices, bulk, pre-packaged, vitamins & supplements, personal care products.

Main level, 2nd level (office/room/bathroom), storage/warehouse room, kitchen, 2 bathrooms. One room inside store sub-leased to long-term practitioner.

Located in Montague 25+ years, serving large customer base in wide geographical area (Kings County & rest of PEI). Experienced knowledgeable staff in place. Completely renovated January 2014. Point-of-Sale system implemented Spring 2015. Private rear delivery entrance.

According to vendor, as of Sept. 2016 only 1 vacancy in mall & large percentage of existing stores have been in mall for 10-20+ years.

Present owner transitioning to new career but can provide 2-week on-site, 2-week on-call (phone/internet) transition assistance & training to new owner. After initial period, additional transition assistance & training can be negotiated.

Business only for sale. Financials available to serious, qualified buyers only. Non-Disclosure Agreement to be signed by prospective buyers prior to viewing any confidential or financial material. All inquiries through Realtor only please (not owner).

Property Details

  • ID: 201620675
  • Year Built: 1968
  • New Construction: No
  • Property ID: 101184924
  • Status: Active
  • Living Area: 1,500 Square Feet
  • Style: Business
  • Storeys: 2

Features

BUILDING AMENITIES Ventilation System, See Remarks, Public Washrooms, Air Conditioning
DOCUMENTS ON FILE Other Documents, Financial Statements
DRIVEWAY/PARKING Paved
Flooring Concrete
FUEL TYPE Electric
HEATING/COOLING TYPE Heat Pump -Ducted
Other Zoning - Commercial, Price per SqFt - 88, Building Age - 48
Parking Yes
PROPERTY SIZE None
RENTAL EQUIPMENT None
Rental Income No
Roof Other
Site Influences Visual Exposure, Shopping Nearby, Public Transportation, Public Parking, Highway Access, High Traffic Location
Subtype Shopping Centre
Type of Farm Business Only
Utilities Telephone, See Remarks, Other, Electrical, Cable
Water Source Municipal
Waterfront No
Listed By James Solitario of CENTURY 21 Colonial Realty Inc.