McLeod Tea House & Gift Shop

Business Opportunity for Sale
Catylist Listing ID: 30338258
Property Subtypes: Business Services, Clothing and Fashion, Food and Beverage, Real Estate
Building Size (RSF): See Agent
Sale Price: $425,000
Name of Establishment: McLeod Tea House & Gift Shop
Business Website Address:
Year Business Established: 2004
Gross Revenue: $324,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Mortgage... bank financing is available To Qualified. Applicants
Last Updated: 3/19/2019

Overview / Comments

Rare opportunity to own and operate your own thriving business in the growing town of Stonewall. McLeod Tea House and Gift Shop sits on a dble corner lot on Main St.This popular meal and shopping destination has charm and history. Built in 1886 this home has a fascinating story and was once home to WW1 fallen war hero Alan McLeod. Structural,mechanical,electrical and plumbing upgrades were done to meet code yet it still maintains an old world charm you can still feel today.Long time owners have built a very profitable business. The time has come to make another person's dream come true. Sale price of this turn-key profitable business includes building,land,all equipment, goodwill, recipes and existing inventory(at cost).The owner is prepared to stay on to ensure the new owner has every chance of continued success. There a 3 dining rooms (one is seasonal), four themed gift rooms, a basic kitchen, a large park-like yard and spacious basement/storage area, 2 washrooms and room for expansion. Don't miss out!

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Industry Segment: Other Business Services
Reason for Selling: Owner is retiring.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $256,600
Part of Planned Development?: Yes
Employee/Labor Description: 2 full time & 5 part time employees.
Mgmt/Training Support Description: Owner will stay on as long as agreed to facilitate training and business handover.

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Photograph of Listing Agent

Gary Davlut

Coldwell Banker Preferred Real Estate
CPIX® Member
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