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:62499)
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
| MLS® Number | X12277011 |
| Property Type | Business |
| Community Name | Simcoe |
| Cooling Type | Fully Air Conditioned |
| Heating Type | No Heat |
| Utility Water | Municipal Water |
| Acreage | No |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/28589079/3-8-queensway-e-norfolk-simcoe-simcoe
Contact us for more information
Prashant Barot
Salesperson
(905) 793-2800
(905) 793-2807
www.liviorealestate.ca/
Gary Bhatt
Broker of Record
(905) 793-2800
(905) 793-2807
www.liviorealestate.ca/
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