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ORION REAL ESTATE
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Main Offices:
630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax |
PROPERTY NAME: Confidential
ADDRESS: Commerce St, White Bear Lake, MN 55110
TYPE: Blinds/Drapery Sales & Service
ESTABLISHED: 1994
SIZE OF BUILDING: 2,400 Sq. Ft.
# OF EMPLOYEES: 1 Full Time
LEASE TERMS: Runs to 2012 with 5 yr renewal opt; fixed rent (incl CAM), approx. $523/month.
INVENTORY VALUE: Approx. $12,500, included
PRICE: $375,000 TERMS: NegotiableCOMMENTS: This custom design blind and window treatment company, established in 1994, and located in the Twin Cities Metro area, has been growing steadily over the past 13 years. The business has a very loyal customer base with over 100 customers, including such notables as Home Depot & Lowe’s. Owner just renewed his lease for 5 years and shares the rent expense with another firm that is in a non competitive, complimentary business, and also serves as an additional source of revenue referrals. Owner’s annual discretionary income is just under $100,000. Owner has been in the window and blind business for over 20 years and is looking for a career change. This is a rare opportunity, with an upside potential of well over $300,000 or more in discretionary earnings, with a low rent factor locked in for five years. Serious qualified inquiries only.
CALL LARRY LAWSON TODAY FOR MORE DETAILS
612-644-4771
Or Contact Larry via Email at Coldwell Banker Commercial-Orion
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.