See all 20 photos
20 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$184,999
Est. payment /mo
UPDATED:
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
Read Less Info
Listed by GATE GOLD REALTY