Home Details for 48 Ridge Road

A rare opportunity to acquire a profitable and long-standing business in the heart of Deep River. Dollar King is a well-established operation located in a busy plaza and surrounded by residential buildings that consistently boost foot traffic. This one-stop shop offers multiple income streams, ensuring steady traffic and reliable revenue throughout the year. The store carries a full range of dollar store items, convenience goods, party supplies, seasonal products, cigarettes, and lotto sales, along with an ice cream counter and the only laundromat in town. The laundromat generates steady business year-round and becomes especially profitable during peak cottage season. A major highlight is the rapidly expanding beer sales: with the closure of the only beer store in town, this location has quickly become the go-to destination for beer purchases, significantly boosting profitability and offering excellent growth potential. This location also offers excellent value with low rent that includes water and heat, keeping overhead low. A large office with a full washroom can be used by the owner or staff for overnight stays, and a spacious basement provides additional income opportunities by subletting for children's activities, birthday parties, or community events. Deep River is home to the Canadian Nuclear Laboratories (CNL), which are expanding operations and expected to bring more families and workers into the community a positive outlook for future business growth. This turnkey operation is ready for new ownership and offers strong income potential with growing demand for its products and services. (id:31684)

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