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Business For Sale in Ely, Minnesota
| Property # 1178382 |
Available |
$495,000.00 |
Link To This Page:
http://www.land.net/view.php?v_id=1178382
Business Information
| | Business Category | Retail
| | Other Business | Fireplace & Woodstove Retailer
| | Business Name | Hearthside Corner
| | Property Address 1 | 1203 Sheridan St
| | Property Address 2 | n.a.
| | Property Town/City | Ely
| | Property County | Saint Louis
| | Property State | Minnesota
| | Property ZIP/Postal Code | 55731
| | MLS # | n.a.
| | Section/Block/Lot | n.a.
| | Zoning | n.a.
| | Building Sq. Ft. | 3,400
| | Lot Size Sq. Ft. | 9,375
| | Lot Frontage Ft. | n.a.
| | Lot Depth Ft. | n.a.
| | No. Parking Spaces | n.a.
| | Year Established | 1998
| | Business Description | Specializing in sales, installation and service of wood burning, gas and pellet hearth products and Stone fireplace construction. Sales of freestanding stoves and inserts as well. Great relationships with several custom home builders. Real estate, inventory and equipment included in sale.
| | Property Description | A charming retail showroom of 1200 square feet includes many burning fireplace and woodstove displays. Excellent location on busy main street of beautiful northern Minnesota tourism town.
| | Area Description | Northern Minnesota Tourism Town.
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Financial Information
| | Sales Price $ | $495,000.00
| | Gross Revenue $ | $579,243.00
| | Total Expenses $ | n.a.
| | Taxes $ | n.a.
| | Net Operating Income $ | $122,193.00
| | Cap Rate | 0.00%
| | Year Ending | 2019
| | Lease Ends | n.a.
| | Financing/Terms | cash
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This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. | |
