• MLS® #: 181267
  • 104 - 1397 Fairview Road
  • Penticton, British Columbia V2A6A1
  • $299,000
  • Business
  • Office: ROYAL LEPAGE LOCATIONS WEST

The Light Choice. Well established, successful turn key lighting store. 25 year track record. High exposure site, in a strip mall with other complementary home improvement shops in the heart of Penticton. Retail storefront sales & a wholesale supplier to numerous projects locally, and throughout the entire Okanagan/Similkameen, Kamloops & the Island. The business only is for sale. Inventory amount negotiable. Attractive lease in place til July, 2023 with provision for a 5 year extension beyond then. Bright, modern 2000 sq ft showroom with high ceilings + extra storage area & office space. Grosses in the $800,000 range per year, with tidy retained earnings. Package available with a signed NDA. Opportunities to increase sales with a bigger online presence, and/or extending store hours. Current hours 9 ââ¬â 4:30 weekdays, NO WEEKENDS, with a staff of four. Current owner nearing retirement & will sign a non-compete agreement, and assist in transition for the new owner. Opportunity knocking! Please contact Geoff@GeoffCowling.com (id:3745)

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Essential Information

  • Listing #181267
  • Price$299,000
  • Bathrooms0.00
  • TypeBusiness

Community Information

  • Address104 - 1397 Fairview Road
  • CityPenticton
  • StateBritish Columbia
  • Zip CodeV2A6A1

Interior

  • HeatingNatural gas Heat Pump

Exterior

  • ConstructionConcrete block
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