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$479,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Forest
MLS Listing ID X12218253
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Reputable Convenience Business in the Busiest Plaza in Town Located in the towns busiest plaza, this well-established convenience store is highly regarded by the local community. It boasts high sales volume of $28,000 ~ $30,000 per week, excluding lottery sales and generates strong profits. With a low percentage (20%) of cigarette sales and growing beer and wine sales, the store offers a diverse product range, including fireworks, groceries, confectionery, gifts, novelties, smoking accessories, and lottery. The spacious store (2,500 sq. ft.) comes with low rent ( $4,557.67: TMI, HST Included ) and a favorable lease term 3.5 years remaining until December 31, 2028 with a 10 (5 + 5) -year renewal option. Additionally, seasonal flower sales from April to June bring in substantial extra income. The current owner has successfully operated the business for 17 years and is now planning for retirement.
Location
Province ON
County Lambton
Community Forest
Area Lambton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 62.0
Others
Security Features No
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Listed by KW Living Realty