A long history convenience store in the busy business area with stable business income and good customers resources and fame.
Annual business ~$300,000-500,000(lottery is not included ~$200,000-300,000, weekly sales about $4000-6000), lottery/cigarettes/grocery selling ratio is about 35-50%/25-35%/20-35%, lottery commission $15,000-25,000/year, yearly profit ~$20,000-60,000, big space in front for displaying and basements for storage, and further business development.
Building with upper living rooms, first floor store business, a basement for storage, and 2 parking spaces in the back yard. Upper living rooms are in demand for long term renting and generate steady income more than $20,000/year.
Renting fee is fare ($2100/month), landlord is supportive and promise lower rent for the new owner, current lease is valid until 2029 .
A big walking-in cold room for cold beverages and wine display, plus 1 single fridge and 3 freezers. One complete secure monitor system.
Basically, one-person operation store. One owner has operated this store for more than 15 years.
Ask for $70, 000, can earn back in 1-2 years.
Can earn business on the first day of taking over the store. Suitable for people who want stable income and life in Canada.
The store owner can train and help with the transition of the business needs. Contact: 416-425-9914, or 416-844-9018 or 647-631-5778.
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