Highly Profitable Convenience Store

Highly Profitable Convenience Store

Highly Profitable Convenience Store

LISTING DETAILS

Listing ID: 3309
Type of Sale: Asset
MLS Code: Exclusive
Industry: Retail - Stores
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $249,000

ASKING PRICE
$249,000
DESCRIPTION

This independent brand convenience store has been operating for over a decade in a high traffic Plaza. Located near a new subdivision coming up with over 1,200 homes and a daycare opening next door. The business sells grocery items, lottery and tobacco products. Monthly lottery commision is more than the rent. Great sales on grocery and steady all year round. Options available to be a Canada Post/Purolator pick up location and increase revenue. Home deliveries would also increase profitability. Additional income via ATM and Leasing Floor Space. Very well known in the community as a one-stop-shop. Little to no competition. This rare opportunity won't last long. Listing ID: 3309

COMPANY INFORMATION

Year Established: 2008

Franchise: No
Square Footage: 1,100 sq ft

Monthly Rent: $3,551 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $530,000
SDE: $100,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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