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Norfolk (simcoe),ON N3Y4M3
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Simcoe
MLS Listing ID X12277011
Source Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No