ON
Norfolk (Simcoe)
N3Y4M3
8 QUEENSWAY E 3
8 QUEENSWAY E 3, Norfolk (Simcoe), ON N3Y4M3
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Listing Type
Commercial/Industrial
Listing Status
active
20
$184,999

Home Details for 8 QUEENSWAY E 3

Price
$184,999
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
46
Listing #
X12277011
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:31684)

Property Features
    Listing Courtesy: GATE GOLD REALTY
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    EXIT OTTAWA VALLEY REALTY, BROKERAGE
    1219 Pembroke Street East, Pembroke, ON K8A 7R8
    Stephanie Boulay
    License #: 5019975
    Sales Representative
    Office
    613-629-3948
    Agent
    343 961 7910
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