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143 Queen Street E St. Marys, Ontario N4X 1A5

$265,000

Nestled in the day trip destination of St. Marys, this clothier has attracted active, well-dressed women who understand quality for more than 30 years. Loyal clients come from London (30 min.) and Kitchener-Waterloo (45 min.), Stratford Festival theatre-goers from the GTA and US, as well as a growing local community. Clients escape big-box bargain hunting, to enjoy personalized attention at their own pace, in a quaint locale. The business is profitable and historical financials are available for serious inquiries. Despite the pandemic (2020), gross revenue was approximately $347k. Year ending 2022 gross revenue was $469K. The current owner-operator wishes to exit the business to join her spouse in retirement and spend more time with her grandchildren. This turnkey business has established systems in place, including Quickbooks and Clover point of purchase. Exclusive supplier relationships include, Tribal, French Dressing Jeans, Parkhurst, Renuar, Foxcroft, Royal Robbins Bali, FRAAS, Betas Choice and more. None of these clothing lines are available within 25km of the business. Inventory is managed manually. Online sales nor point-of-sale analysis have ever been explored. Current marketing is limited to confidential client email contact listing, website, Facebook, and Instagram accounts. This presents the potential to grow customer demographics. Owner is willing to support transition with training, product and customer knowledge. Long standing, exceptional employee is willing to stay on with agreed upon terms. Leasing arrangement is flexible. (id:49773)

Business

Name O'Grady's Clothing & Accessories

Property Details

MLS® Number 40386465
Property Type Business
Community Features High Traffic Area
Features Southern Exposure

Building

Basement Type None

Land

Access Type Highway Access, Highway Nearby
Acreage No

https://www.realtor.ca/real-estate/25356605/143-queen-street-e-st-marys


Cathie Szmon
Broker of Record

(519) 272-6019
www.cathieszmon.com
Peak Select Realty Inc., Brokerage
163 Queen Street E
St. Marys, Ontario N4X 1A5

(519) 284-4646

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