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Extremely Well Established Convenience Store Operating For Over 31 Years In The Same Prime Location In The Heart Of Brampton, Ontario. The Current Owner Is Now Retiring. This Store Enjoys Excellent Visibility At A Busy Intersection With Ample Customer Parking In The Plaza. The Business Generates An Annual Net Income Of More or Less $180,000, With High Margins From Lotto Commissions ($9,100/Month), Tobacco Sales ($4,100 - $4500/Month), And Groceries ($5,000/Month). Additionally, Theres Passive Income Of Around $500/Month From TV Ads And An ATM. The Store Boasts A Loyal Customer Base, With Even Greater Income Potential From Recently Set Up Beer And Wine Sales. Surrounded By Both Commercial And Residential Areas, The Lease Is Secured Until March 31, 2028, With An Option To Renew For Five(5) More Years. Low Rent At $4,269 Per Month (TMI And Water Included). Any unauthorized visit is Totally Not Allowed. **** EXTRAS **** Once in a Lifetime opportunity. All numbers to be verified by Buyer or Buyer's agent. (id:52603)
Business Type | Retail and Wholesale |
Business Sub Type | Convenience store |
MLS® Number | W9366819 |
Property Type | Business |
Community Name | Southgate |
Amenities Near By | Highway, Public Transit |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 1575 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway, Public Transit |
Zoning Description | M2 |
https://www.realtor.ca/real-estate/27465953/3-155-clark-boulevard-brampton-southgate-southgate
(905) 305-1600
(905) 305-1609
www.homelifelandmark.com/
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