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$399,000
Available - For Sale
Listing ID: E12910582
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.
Price $399,000
Minimum Rental Term: 120
Taxes: $0
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Province/State: Durham
Legal Description: Retail unit-leased premises
Directions/Cross Streets: Liberty St.N/Concession St.W
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Without Property
Use: Convenience/Variety
Total Area: 1,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Business/Building Name: North End Market
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8 a.m.-
Employees #: 1
Seats: 0
Maintenance: 0
Sprinklers: Yes
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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HOMELIFE LANDMARK REALTY INC.
Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Sale Of Business
Area: Durham
Municipality: Clarington
Neighbourhood: Bowmanville
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908