Overview
Description
Discover this community staple retail business positioned in a high-traffic locations, with owned and leased real estate, offering experienced hands on retail operators an attractive choice to capitalize on consistent revenue streams and the ability to create immediate increased profitability. The price includes the other 2 store locations (Glace Bay and Syndey Mines areas), and there's an option to purchase individually. - Annual revenues growing at a rate of 8%. - Consistent Gross profit margins of 45% - Ideal locations in the communities served, long history of customer patronage from a broad customer base Based on the current owners length of time in business, he's certain each location's profit can be increased by $50k or more with a hands on owner who is engaged with the community and managing inventory more appropriately.
Contact us about this listing & It's History
Neighborhood Information
North Sydney, NS
North Sydney is a maritime community in Nova Scotia, Canada. It's known for being the Atlantic gateway to Newfoundland via the Marine Atlantic ferry service. The town offers a blend of small-town charm and natural beauty with its coastal landscape. The historic downtown offers quaint shops and restaurants. The surrounding areas are renowned for their outdoor activities, including fishing, hiking, and boating. The area is also popular for its rich cultural heritage with many museums and historic sites to explore.
However, those seeking bustling city life may find North Sydney a bit quiet. The local economy largely revolves around the ferry service and can be seasonal. While some find the slower pace of life advantageous, others might see it as a disadvantage.
80
Compared to other cities in Canada, North Sydney is a smaller and quieter town. It has a lower cost of living and a slower pace of life, which some may appreciate. The town's natural beauty and coastal location also contribute to its unique appeal. The city scores an 80 out of 100 for livability.
Search Nearby Activities75
The schools in and around North Sydney, such as the Cape Breton University, are known for their community engagement and quality education. Given these factors, the school's score in the city as compared to other cities in the country is 75.
Search Nearby Schools70
North Sydney offers a range of entertainment options from local pubs and restaurants to theatre productions at the local community arts centre. The city's entertainment score is 70.
Search Nearby Restaurants85
Outdoor enthusiasts will enjoy North Sydney for its fishing, boating, and hiking opportunities. There are several parks and trails in and around the town, making it a great place for outdoor activities. The city scores an 85 in this area.
Walk Score - 78%About Your Relator®
Jessica Mugford
Meet Jessica Mugford, a dynamic and enthusiastic Realtor® based in the heart of Sydney, NS. Born and raised in this picturesque coastal city, Jessica brings a deep-seated passion and a comprehensive understanding of the local market to her role. Her journey in real estate began at RE/MAX Park Place, where she served as an administrative professional specializing in contract review. This experience has provided her with invaluable insights into the industry, enhancing her expertise in managing real estate transactions with finesse.
Jessica's love for travel has broadened her perspective, allowing her to appreciate diverse lifestyles and housing needs, making her an ideal advisor for clients seeking to navigate the complexities of the real estate market. Coupled with her exceptional customer service skills, Jessica is committed to offering personalized and effective real estate solutions.
With deep rooted entrepreneurial ties to the community, Jessica has the foresight to recognize independent real estate opportunities, propose growth strategies and guide her clients through effective and efficient closing processes.
With Jessica Mugford, you can expect nothing less than a professional, tailored approach.
Phone: (902) 322-1684
Email: jessicamugford@remax.net
Office: Sydney
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Monthly mortgage and property tax payments are estimates for which we bear no responsibility.
Homeowners could also be subject to mortgage insurance premiums, homeowners insurance premiums, and other costs.
Property Details
| On Market Date | 2025-05-12T17:36:13.4 |
| Price | $589,000.00 |
| Neighborhood | Cape Breton |
| Location | Lat: 46.208380, Lng: -60.249927 |
| Square Feet | 6,000.00 |
| Lot Size | 6,400.00 6400 |
| Heating | Heat Pump -Ductless |
| Water Source | Municipal |
| Roof | Other |
| Flooring | Other |
| Association Fee | 0.00 |
| Listing Office Name | EXP Realty of Canada Inc. |
| Listing Agent | Timothy Blais |
| MLS® | 202510679 |
No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.