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  250-487-7000
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Industrial in Penticton, British Columbia

$249,000.00

    #104 1397 FAIRVIEW Road - MLS® # : 190383

Industrial in Penticton, British Columbia

$249,000.00

  1397 FAIRVIEW Road - MLS® # : 190383

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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! (id:6769)

Subarea
Main North

Lot
0

Sewer
Municipal sewage system

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Steve Thompson
Personal Real Estate Corporation
  #101-3115 Skaha Lake Road
  250-487-7000
  steve@teamthompson.com
  teamthompson.com/
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