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    For Sale - 5522 Highway 71, Sioux Narrows-Nestor Falls, Ontario

    Est payment $8,643/mo
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    Views   1
    Time on Jump  28 day

    AI Summary *

    • Longstanding and reputable hardware business with excellent growth potential.
    • Multiple revenue streams from retail hardware, building materials, and seasonal garden center.
    • Strong customer base built since the 1960s with no direct competition nearby.
    • Attached residential accommodations suited for owner-operator or staff housing.
    • Share sale includes all business assets, equipment, and fixtures for a smooth transition.




    Mayer hardware & building supplies in sioux narrows, ontario is offered for sale as a share sale (primary option) with an asking price of $1,800,000, presenting a rare opportunity to acquire a longstanding, reputable, turn-key business with excellent growth potential. Serving northwestern ontario since the 1960s, this operation has become a trusted supplier for residents, cottagers, and contractors. The current owners have expanded and modernized the business since 2016, building a strong and loyal customer base. Ideally located with excellent visibility and easy year-round access, the store offers multiple revenue streams, including retail hardware, building materials, lumber, tools, home and patio goods, deliveries, and a thriving seasonal garden centre with no direct competition within an hour. Supported by its castle building group affiliation, the store carries major industry brands and maintains a large, well-managed inventory capable of serving both diy customers and full-scale contractors. The nearest big-box competitor is over 60 miles away, with only one smaller hardware store roughly 35 minutes away. The property includes attached residential accommodations, ideal for an owner-operator or staff housing. The share sale includes all corporate shares, business assets, equipment, fixtures, and supplier accounts. Inventory is not included in the asking price and will be added at cost at closing, along with standard adjustments: plus inventory, plus accounts receivable, less accounts payable, and less short-term debt. An alternative non-share (asset) purchase option is available for qualified buyers. Financial statements, chattel list, inventory details, equipment information, and supplier data are available to qualified buyers upon signing a confidentiality agreement. This strong, established business provides solid owner/manager income with room to grow. The owners are preparing for retirement. Serious inquiries only. Click multimedia link for more info.
    Listing IDX13258854
    Address5522 Highway 71
    CitySioux Narrows-Nestor Falls, Ontario
    Price$1,800,000
    StyleOffice
    ConstructionAluminum Siding
    Land Size2.76
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype OfficeIndoor Features OtherAppliances Wheelchair AccessBasement Crawl SpaceFoundation Block, Poured ConcreteHeating / Cooling BaseboardHeating Fuel OilSewer Septic

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    Listing Brokerage: Re/Max First Choice Realty Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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