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$799,000
Status: For Sale
Same owner operating the business for last 27 years and now retiring. A well established business. Its a 4000 sq ft large General Store selling Lottery, Cigarettes, Coffee, Snacks, Grocery, Hardware, Stationary and more, One Stop Shop for customers. Liquor(low alcohol) license expected from September2024. Short Business hours 6-9. Annual Revenue last FY-$628,000 (Cig Portion only 20%), High profit margins, Lotto Comn Approx $17800/Yr, ATM Comn Approx $4000-5000/Yr, Low PropertyTax $3300/Yr, Insurance $9000/Yr ,Hydro Approx $1200/Mth, Gas $200/Mth. All records are available for verification after a conditional offer is accepted. Great potential to increase the revenue. Anything & Everything can be sold at this store!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9235032 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :01 Aug, 2024 (108 Days ago) |
| Source | :TRREB |
| Area | :Lambton |
|---|---|
| Postal Code | : N0M 2N0 |
| Price | : $799,000 |
|---|---|
| Property Taxes | :$3300.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Main+King |
|---|
| Fireplace/Stove | :No |
|---|
01 Feb, 2024
TREB #X8037436
Available
$799000.0
