180-190 PHILLIP ST E

Gravenhurst, Ontario

P1P1J4
1,250,000
Retail
It Is Seldom That A Successful Family-Run Business Becomes Available. The Founder, And Current Owner, Dave Cruise, After 50 Years, Says "" It Is Time To Retire"". Several Structures On This 6/10 Of An Acre Property In Gravenhurst Are Currently Generating Used Car Sales And Service In Excess Of A Million Dollars Annually. The Sellers Are Willing To Stay On For Up To One Year To Train And Assist The New Owners In The Transition, As Well As Holding A Substantial Second Mortgage @ 6%, Interest Only, Payable Monthly And For Up To Five Years. This Business At $ 1,250,000.00 + Inventory Won't Last Long.

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Note: All Data Is From Sources Deemed Reliable But No Warranty Is Given By The Brokerage Or It Agents. The Property Consists Of Retail/Service/Office Bldgs And A Detached Vacant House. (id:6355)

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