Here is a fantastic opportunity to own a well-known health food franchise store in Canada, "Nutrition House," situated in the bustling "STRATFORD MALL." The mall is home to a variety of popular stores and amenities, including Canadian Tire, Bell, Dollarama, LCBO, SportChek, Tim Hortons, Winners, Fabricland, Hart house & Home, Reitmans, Marks Works Warehouse, Hallmark, Carters Osh Kosh, Coles Book Store, Hakim Optical, and a busy food court. The mall operates during regular business hours, providing a steady flow of potential customers.
This well-established business has been generating a good income and is relatively easy to operate. The current owner has been running the business for over a decade and is now looking to retire. The inventory is available for purchase separately from the business.
The gross rent for the property is low, at $3,490 per month including C.A.M. The average profit margin is approximately 45%, with weekly sales ranging from $7,500 to $8,500. The estimated Net Operating Income (NOI) is between $85,000 and $90,000 per year, according to the seller. Detailed financial information, lease details, and a list of included equipment and assets will be provided upon acceptance of an offer.
This property is currently listed for sale and is located at 1067 ONTARIO ST. in the city of Stratford, Ontario. The postal code for the property is N5A6W6, and it features fully air-conditioned cooling.
