29634 Talbot Line Wallacetown, Ontario N0L 2M0
$1,500,000
Are you looking for the perfect family business enterprise? This business was started 40 years ago by the current owners mother and the current owners bought it and have operated and managed the business now for 20 years. They are now ready to retire and pass the torch on to a new family to realize their dream of running a successful business. The Tall Tales Cafe in Wallacetown is a well known community hub by people all over the province. Serving delicious home made baked goods, quality food, and some convenience items has been one of the main staples of the business. The other main revenue streams are a post office depot and gas bar. Well suited for the new family owners to move into the renovated three bedroom apartment on the upper level. The building sits on a large lot on the main corner in Wallacetown at the interesections of Currie Road (10 minutes to the 401) and Highway 3. There may be a potential to develop and build on the back half of the lot. The business has been profitable every year and although revenue has been down through Covid the bottom line has continued to be healthy as the owners modified hours and services to make it easier to manage and operate. With loosening of restrictions it is time to think about increasing hours of operation and calling back staff. Don't start a business and hope that in five years you will be making money, buy this one, that is set to make money this year and every year of your ownership. Building, land, business and all business assets are included. (id:18082)
Property Details
| MLS® Number | 40216062 |
| Property Type | Other |
| Amenities Near By | Beach, Golf Nearby, Marina, Park, Place Of Worship, Playground, Schools |
| Community Features | High Traffic Area, Quiet Area, Community Centre, School Bus |
| Features | Southern Exposure, Corner Site, Park/reserve, Conservation/green Belt, Golf Course/parkland, Beach, Paved Driveway |
| Parking Space Total | 25 |
| Sign Type | Pylon |
Building
| Appliances | Water Meter |
| Basement Type | None |
| Construction Material | Concrete Block, Concrete Walls, Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete, Wood |
| Fire Protection | Smoke Detectors, Alarm System, Security System |
| Flooring Type | Concrete, Linoleum |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 5000.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access, Highway Nearby |
| Acreage | No |
| Land Amenities | Beach, Golf Nearby, Marina, Park, Place Of Worship, Playground, Schools |
| Landscape Features | Landscaped |
| Sewer | Septic System |
| Size Frontage | 124 Ft |
| Size Irregular | 0.847 |
| Size Total | 0.847 Ac |
| Size Total Text | 0.847 Ac |
| Zoning Description | Hamlet Commercial |
https://www.realtor.ca/real-estate/24098024/29634-talbot-line-wallacetown
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May 20 2022 07:08:40
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty Inc., Brokerage