10 Prescott Street North Grenville, Ontario K0G 1J0

$349,900

Exceptional opportunity to acquire a thriving and highly profitable specialty retail business at 10 Prescott Street, Unit #1 in the heart of Kemptville. Established just three years ago, this successful trading card business has become a premier destination for collectors and enthusiasts throughout the region, delivering strong and consistent profitability over the past two years. This turnkey offering includes inventory, business assets, established supplier relationships, operational systems, and the assumption of the existing lease, allowing a new owner to step into a fully operational and growing business. Financial statements are available to qualified buyers. A key competitive advantage is the business's exclusive distributor agreements with major suppliers. The owner holds protected territorial rights within a 60-kilometre radius, limiting direct competition and creating a strong market position. These exclusive relationships provide significant value and a solid foundation for continued growth. Current revenues have been achieved with a relatively modest inventory investment, presenting an excellent opportunity for expansion. Increased inventory levels and product offerings could significantly enhance sales and profitability. The business enjoys strong profit margins ranging from 20% to 300%, depending on product category and demand, and is well-positioned for future growth, with the potential to approach $500,000 in annual revenue within the next few years. Low operating costs and affordable lease rates further strengthen the investment opportunity, with the landlord requiring only a new two-year lease. The seller is willing to provide training and support to ensure a seamless transition. A rare opportunity to acquire an established, profitable, and scalable business with exclusive territorial rights, strong margins, loyal clientele, and exceptional growth potential. (id:55534)

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https://www.realtor.ca/real-estate/29941584/10-prescott-street-north-grenville-801-kemptville