in Abbotsford: Central Abbotsford Business for sale : MLS®# C8034819
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Main Photo:  in Abbotsford: Central Abbotsford Business for sale : MLS®# C8034819
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Status:
Active
Prop. Type:
Business
MLS® Num:
C8034819
Bus Major:
General Retail
Bus Minor:
GR - Variety Store
Build. Type:
Mixed Use
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 center which has the 3rd highest foot traffic in BC. Booming post office, Cigarette, Vapor sales along with Lotto, rental mail boxes, key cutting, Gift items & beverages. Low rent & over head cost. Seller can negotiate a new 5+5 years Lease with the Landlord for new buyers at a lower rate. Gross sales for 2019 was +/- 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 documents are available after 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 Realtor to be present on all showings. Let's make a deal.
Sale Type:
Lease
Lease Type:
Gross
Lease Term:
60
Total space avail for lease:
727 sq. ft.
Property Type:
Business
Business Name:
SHEFIELD & SONS
Major Bus Type:
General Retail
Minor Bus Type:
GR - Variety Store
Bus Op Since:
1995
Construction:
See Remarks
Building Type:
Mixed Use, Quasi Retail, Shopping Centre
Year built:
1995 (Age: 25)
Total Floor Area:
727 sq. ft.
Land Use/Zoning:
C-1
Taxes:
$1,080 / 2019
Air Conditioning, Alarm System, Storefront, Storage, Visitor Parking, Other
HVAC:
See Realtor Remarks
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated November 22, 2020 at 04:00 AM (UTC)
Rod Friesen & Associates
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