Unknown Address ,

$399,000

Turnkey Convenience Store for Sale - Established & Profitable Well-established convenience store operated by the same owner for 10 years. Owner retiring. Easy-to-manage business (one person per shift) with stable income, suitable for both experienced operators and first-time buyers. Located approx. 40 km east of Toronto in a quiet, safe town (population ~60,000). Prime location in the town center on a busy provincial highway Hwy 14 and a large parking lot with 15 parking spaces. Approx. 1,600 sq. ft. retail space. Operating hours: 8 AM - 10 PM. Annual sales approx. $1.1M (excluding lottery), sales mix: cigarette <30%, alcohol <25%, other is grocery with strong high-margin. Lottery commission & other income: approx. $50,000/year New lease: 5 + 5 years Rent: $6,000/month+ HST, Property tax, building insurance. No rent increase during initial term (5 years).Sales figures available (4-5 years), including sales, expenses, and verifiable POS daily & monthly reports and supplier invoices. Growth potential: 1) Beer storage area can be converted to vape or cannabis or other retail. 2) Alcohol sales are increasing. 3) If nearby Beer Store closes in 2027, this location is well-positioned to capture additional demand due to its size of both store and parking. (id:56248)

Business

Property Details

Building

Land

https://www.realtor.ca/real-estate/29504203/clarington-bowmanville