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New property listed in Central Lonsdale, North Vancouver

I have listed a new property at 1822 LONSDALE AVE in NORTH VANCOUVER.
Great business opportunity, selling and servicing one of the most reputable names in Vacuum appliance industry, Electrolux. Normally, a large sum of capital is required to represent this brand name. This location has been in business since 2003. The annual sales of this store is about $175,000. It is about 790 Sq Ft with great store frontage on Lonsdale. 3 parking stalls at the back are allocated to this shop. Monthly expenses: Rent $3,812 (all inclusive), Phone & Internet: $250, Electricity: $80, Insurance: $155. Estimated value of inventory: $15,000. Estimated average net income for a manger running this shop: $3,500. Store hours: Mon-Sat 9:30am-5pm. Owner will provide training and partial financing is also feasible.
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