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81 Montreal Road Ottawa, Ontario K1L 6E8

$350,000

Selling a broad range of electrical products for use in Asia, the Middle East, Europe and Africa since approximately 1997. Good margins on product and strong additional revenue from packing and shipping logistics for relocations and commercial orders. Serving Ottawas diverse network of frequent travellers, ex-patriots, diplomats and entrepreneurs this business has virtually no local competition. Well established clientele. Founder/owner is retiring. Simple gross lease of 5 years started April 2017 at $3500/month with annual escalation ($100/month) and 5 year option. This going concern is capable of returning your initial investment in two years or less, based on P&L reported by Seller, with huge upside. Seller will train for up to a month. Largely a just-in-time order and delivery model, inventory hovers around $50K USD, and is included in the purchase price. Turnkey operation and stellar opportunity for a truly entrepreneurial deal maker and customer problem solver. (id:25865)

Business

Business Type Other
Business Sub Type Other
Name 220 Volt Depot

Property Details

MLS® Number 1104983
Property Type Business
Neigbourhood Vanier
Community Name Vanier

Building

Fireplace Present No

Land

Acreage No
Size Irregular * Ft X * Ft
Size Total Text * Ft X * Ft

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19338764

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