$275,000
FOR SALE

Business for Sale

Convenience/Variety

2 Queen St S #C6
New Tecumseth, ON L0G 1W0 | Tottenham | Simcoe

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.
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Listed By HOMELIFE LANDMARK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N8298704
Last Updated May 07, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Business/Building Name Tottenham Am Pm Convenience
Category Without Property
Occupancy Owner
Possession Date TBD
Directions/Cross Streets Queen St. S / 4th Line
Neighbourhood Tottenham
Area Simcoe
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bathrooms 1
Retail Area 1,877 ft2
Air Conditioning Y
Basement N
Chattels N
Garage Type Outside/Surface
Parking Spaces 10
Days Open 7
Hours Open 8-10
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement N
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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