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$125,000
Available - For Sale
Listing ID: X12258614
Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes south of London, this thriving convenience store presents an exceptional opportunity for entrepreneurs or investors seeking a well-established, high-performing business. Strategically located at a prominent corner in the heart of Belmont, the store has been operating successfully for over 11 years, generating consistent annual sales of over $400,000 (excluding lottery) with a low cigarette sales ratio of only 40% with 13% profit. And, selling high-margin American beverages and candies. The store offers steady additional income from a $2,000/month lottery commission and $300/month ATM revenue. The lease is highly favorable at just $3,309/month (TMI & HST included), with 4.5 years remaining until December 31, 2029. Featuring a generous 1,500 sq. ft. retail space and an 8-door walk-in cooler, the business is ideally positioned for expansion. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and beer & wine sales. The store also proudly serves the beloved local ice cream brand SHAWS, drawing regular customers and seasonal foot traffic. This is a retirement sale, offering a rare chance to take over a profitable and turnkey business in a growing community. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence.
Price $125,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 14110 Belmont Road , Central Elgin, N0L 1B0, Elgin
Postal Code: N0L 1B0
Province/State: Elgin
Directions/Cross Streets: Belmont Rd / Union St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
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Washroom 27:  0
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Washroom 33:  0
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Washroom 35:  0
Washroom 36:  0
Washroom 37:  0
Washroom 38:  0
Washroom 39:  0
Washroom 40:  0
Category: Without Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7am-10p
Employees #: 1
Seats: 0
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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KW Living Realty

14110 Belmont Road , Central Elgin, N0L 1B0, Elgin


 
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Type: Com - Sale Of Business
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Belmont
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Lot Size: x 132.00(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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