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$89,000
Status: OFF MARKET
An exceptional opportunity to own a rare business located at a corner with heavy traffic flow at the entrance of a small town on Hwy 26. It has great potential in a newly developed commercial district across from the new Holiday Inn and next to Tim Hortons. The current owner has been operating the business for 20 years with low cigarette sales (60%) and high commission income. Weekly average sales of $8,000, monthly lottery commission of $4,500, and ATM and Bitcoin commission of $500. The lottery commission alone covers the rent and more. Setting up a vape shop inside the store can improve the business significantly, and there is enough space to sell beer in 2026. The current owner is retiring. A new lease negotiation is available.
| Property Type | :Commercial |
|---|---|
| MLS Number | :S8309510 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :23 May, 2024 (214 Days ago) |
| Source | :TRREB |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L9Y 4H8
|
| Price | : $89,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Hwy 26/Hume St |
|---|
| Fireplace/Stove | :No |
|---|
06 May, 2024
TREB #S8309510
Available
$89000.0
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