Fully Air Conditioned
$184,999
Excellent convenience store opportunity in Simcoe, Ontario. Located in the high-traffic Governor Simcoe Plaza and surrounded by residential neighborhoods and schools, this established store benefits from consistent walk-in traffic and loyal clientele. The business generates over $252,000 (approx.) in annual sales plus $47,700 (approx.) per year in additional commission income from Lotto, RIA, ATM, Uhaul, Bitcoin, and more. Monthly net profit is $7,000 (approx.) after all expenses, including rent and utilities. Rent is $2,759/month, inclusive of TMI, water, and gas. The lease is long-term 4.5+5 years with renewal options in place. Annual expenses are under $41,000 (approx.), providing healthy margins. Business is in operation since the last 14-15 years with the existing owner from the last 2-3 years. Potential to expand with Uber Eats, courier services or other add-ons. Inventory and office setup are not included in the sale price. Please do not go direct and do not speak to employees. (id:35544)
Business
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BusinessType
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Retail and Wholesale |
|
BusinessSubType
|
Convenience store |
Property Details
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MLS® Number
|
X12277011 |
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Property Type
|
Business |
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Community Name
|
Simcoe |
Building
|
CoolingType
|
Fully Air Conditioned |
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UtilityWater
|
Municipal Water |
Land
|
Acreage
|
No |
|
ZoningDescription
|
Commercial |
