$ 249,000 –
#104 1397 FAIRVIEW ROAD
Place Nearby (within radius 1.5 km)
0 BR / 0 BA Business – Penticton
The Light Choice. Well established, successful turn key lighting store. 27 year track record. High exposure site, in a strip mall with other complementary home improvement shops in the heart of Penticton. Retail storefront sales & a wholesale supplier to numerous projects locally, and throughout the entire Okanagan/Similkameen. The business only is for sale. Inventory amount negotiable. Attractive lease in place til July, 2023 with provision for a 5 + year extension beyond then. Bright, modern 2000 sq ft showroom was purpose-built, and boasts high ceilings, storage & office space. Grosses in the $850,000 range per year, with tidy retained earnings. Package available with a signed NDA. Opportunities to increase sales with a bigger online presence, and/or extending store hours. Current hours 9 – 4:30 weekdays, NO WEEKENDS, with a staff of four. Current owner nearing retirement & will sign a non-compete agreement, and assist in transition for the new owner. Opportunity knocking!
Site InfluencesCentral Location, Easy Access, Highway Access, Airport Nearby, Corner Site, High Traffic Area, Public Tran. Nearby, Flat Site, Shopping Centre, Visual Exposure, Handicapped Adap., See Remarks
ROYAL LEPAGE-LOCATIONS WEST
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Listing data last updated date: 2021-10-26 05:17:25
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