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. This location is leased, approximately 4,000 sft - $56k (property tax included). There is also an opportunity to acquire an additional 1 or 2 stores located in CBRM. - 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
Sydney Mines, NS
Sydney Mines is a small community nestled in the heart of Nova Scotia in Canada. Once a major coal-producing town, today Sydney Mines boasts a rich history and a serene, small-town atmosphere. The residents enjoy a peaceful lifestyle, with access to beautiful landscapes, including the breathtaking views of the nearby ocean.
The town is home to the Cape Breton Miner's Museum, which pays homage to its mining roots. It also hosts the annual Coal Dust Days, a week-long summer festival that celebrates the towns coal mining history. The town has a close-knit community, though it may lack the hustle and bustle of larger cities.
For those seeking a quiet and slow-paced life, Sydney Mines may be an ideal place to live. However, for those looking for more diverse job opportunities or vibrant nightlife, they may find the town lacking.
68
Sydney Mines offers a quiet, laid-back lifestyle that's perfect for those who enjoy a slower pace. However, it may lack the opportunities and amenities of larger cities. Sydney Mines gets a score of 68 out of 100.
Search Nearby Activities72
Education in Sydney Mines is comparable to other small towns in Nova Scotia, with schools like Jubilee Elementary School offering quality education. However, options may be limited compared to larger cities. The city school score is 72.
Search Nearby Schools60
The entertainment options in Sydney Mines are relatively limited, with a few local pubs and community events. The town's entertainment score is 60 out of 100.
Search Nearby Restaurants75
Sydney Mines offers plenty of outdoor activities, with beautiful walking trails and access to water activities on the ocean. In terms of outdoor activity options, Sydney Mines scores a solid 75 out of 100.
Walk Score - 68%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 | 2025-11-03T17:48:43.5 |
| Price | $119,000.00 |
| Neighborhood | Cape Breton |
| Location | Lat: 46.242052, Lng: -60.230051 |
| Square Feet | 4,000.00 |
| Lot Size | 10,282.00 10282 |
| Parking Features | Yes |
| Heating | Other |
| Water Source | Other |
| Roof | Other |
| Flooring | Other |
| Association Fee | 0.00 |
| Listing Office Name | EXP Realty of Canada Inc. |
| Listing Agent | Timothy Blais |
| MLS® | 202527129 |
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.