Basics
- Date added: Added 2 hours ago
- Category: Business
- Area: 1500 sq ft
- Lot size: 1500 sq ft
- ListOfficeName: HOMELIFE LANDMARK REALTY INC.
- MLS ID: E12910582
Description
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Description:
Turnkey Convenience Store for Sale - Established & Profitable Well-established convenience store operated by the same owner for 10 years. Owner retiring. Easy-to-manage business (one person per shift) with stable income, suitable for both experienced operators and first-time buyers. Located approx. 40 km east of Toronto in a quiet, safe town (population ~60,000). Prime location in the town center on a busy provincial highway Hwy 14 and a large parking lot with 15 parking spaces. Approx. 1,600 sq. ft. retail space. Operating hours: 8 AM - 10 PM. Annual sales approx. $1.1M (excluding lottery), sales mix: cigarette <30%, alcohol <25%, other is grocery with strong high-margin. Lottery commission & other income: approx. $50,000/year New lease: 5 + 5 years Rent: $6,000/month+ HST, Property tax, building insurance. No rent increase during initial term (5 years).Sales figures available (4-5 years), including sales, expenses, and verifiable POS daily & monthly reports and supplier invoices. Growth potential: 1) Beer storage area can be converted to vape or cannabis or other retail. 2) Alcohol sales are increasing. 3) If nearby Beer Store closes in 2027, this location is well-positioned to capture additional demand due to its size of both store and parking. (id:62692)
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Building Details
- Heating: Forced air
Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: No
- CoolingYN: Yes
- Cooling: Fully air conditioned
- Total Fireplaces: 0