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$275,000
Available - For Sale
Listing ID: N8298704
Attention all business searchers: GREAT OPPORTUNITY TO BE YOUR OWN BOSS WITH AN EXCELLENT BUSINESS IN A PRIME LOCATION IN DOWNTOWN TOTTENHAM. Rare opportunity to acquire this highly profitable independent convenience store established for over 40 years in the same location, under the same management for over 11 years. The owner is retiring now. Excellent exposure at a busy intersection. Weekly gross sales amount to $18,000 with amazingly high margins from tobaccos and varieties with an additional passive income of $500/M from Bitcoin, TV ads, and ATM. Lotto commission around $7,500/month covering more than monthly rent and regular operational expenses. A lot of loyal customers. Greater income potential with upcoming Beer/Wine sales from 2026. The interior size is 1,877 square feet, one of the biggest space in the town, which is good enough to obtain permits for Beer/Wine sales and operations. 6-door walk-in cooler already in place. Huge potentials to add various other services such as Western Union, courier services, photo printing, key cutting, and a vape shop. Low rent of $5,037.40 including rent, TMI and HST. 3 years of lease, started at the end of 2023. Please do not visit the premise directly; contact the listing agent first.
Price $275,000
Taxes: $0
Tax Type: Annual
Occupancy by: Owner
Address: 2 Queen St South , Unit C6, New Tecumseth, L0G 1W0, Ontario
Apt/Unit: C6
Postal Code: L0G 1W0
Province/State: Ontario
Directions/Cross Streets: Queen St. S / 4th Line
Zoning: Commercial
Category: Without Property
Use: Convenience/Variety
Retail Area: 1877
Retail Area Code: Sq Ft
Business/Building Name: Tottenham Am Pm Convenience
Financial Statement: N
Chattels: N
Franchise: N
Days Open: 7
Hours Open: 8-10
Employees #: 0
Seats: 0
LLBO: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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HOMELIFE LANDMARK REALTY INC.

2 Queen St South , Unit C6, New Tecumseth, L0G 1W0, Ontario


 
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Type: Com - Sale Of Business
Area: Simcoe
Municipality: New Tecumseth
Neighbourhood: Tottenham
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