BUSINESS FOR SALE BY OWNER

Commercial/Residential Opportunity - Port Severn, Ontario



The Severn General Store was constructed in the late 1940's, originally providing groceries, dry goods, hardware items and gas pumps to the local town folks and the summer cottagers and boaters.

The store is located on the main street of Port Severn, which is only an hour and a half drive north of Metropolitan Toronto at exit 153 off the 400 highway. The store is within walking distance to Lock 45, the gateway to Georgian Bay, on the Trent Severn Waterway.

Over the years the store ownership has changed four times, yet has maintained a continued customer base. Presently the store offers grocery items, fresh produce and quality cut meats. The store is renown for fresh made garlic sausage and smoked pepperettes.

It is also an ideal opportunity for a family run business. The building provides a three-bedroom apartment above the store to provide living accommodations. Schools are located in nearby Honey Harbour or Midland. Port Severn is a rural town, which offers a much slower pace than the big city life, people are friendly and leisure sports such as fishing, hunting and golf are readily accessible.

The asking price is $ 550,000, plus the inventory which would be negotiable. The present inventory level is approximately $ 35,000.


For more information, contact:
Joel Dravis
phone 705-538-0896
e-mail jdravis@sympatico.ca

An ideal opportunity for a family run business.

Within walking distance to Lock 45, the gateway to Georgian Bay, on the Trent Severn Waterway.

An hour and a half drive north of Metropolitan Toronto.


DESCRIPTION OF PROPERTY

Street Address: 3274 Port Severn Road, Port Severn, Ontario L0K 1S0

Real Estate Address: Con 12N, Pt; Lot 18, Severn Township

Frontage 100', Depth 200' lot size 20,000 sq.ft.

Buildings: Store 2400 Sq. ft., Garage 540 Sq. ft., Take out restaurant 870 Sq. ft., 3-bedroom apartment above store.

Water: Drilled Well

Sewer: Septic System, installation completed February 1994

Heating: Oil fired boiler, inspected annually.

Air Conditioning: Store and take out restaurant have electric central air, apartment has window unit.

Assessed value for Real Estate taxes:
$ 163,000. Annual taxes $ 3200.00

Take out restaurant is leased to third party due to expire March 31, 2007. Monthly rental income $ 1,000.00. Tenant is responsible for
utilities.

Parking available for up to ten cars.

EQUIPMENT INCLUDED

  • Hydraulic Sausage Pushing Machine
  • Bizerba Food Vacuum Packing Machine
  • Meat Grinder
  • Meat cutting band Saw
  • 10' X 10' Walk-in Meat cooler, new compressor September 2003
  • 8' X 14' Walk-in Dairy cooler, new compressor November 2002
  • 8' X 8' Walk-in Produce Cooler
  • Refrigerated Produce counter- new compressor April 2000


Real Estate for Sale by Owner
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