$89,000
FOR SALE

Business for Sale

Convenience/Variety

Lot: 30 x 65 ftTotal Area: 1,950 ft2

503 Hume St #2
Collingwood, ON L9Y 4H8 | Simcoe

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.
Extras
With a spacious area of 1,950 sq.ft and two entrances for easy access, this business offers a reasonable rent and high profit potential. If a passionate new owner extends the open hours, the business can be greatly improved.
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Listed By LIVING REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S8309510
Last Updated May 06, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Business/Building Name Jay's Mart
Category Without Property
Occupancy Owner
Possession Date Flex/TBD
Directions/Cross Streets Hwy 26/Hume St
Neighbourhood Collingwood
Area Simcoe
Price History

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Detailed Information
Freestanding N
Bathrooms 1
Lot 30 x 65 ft
Retail Area 1,950 ft2
Total Area 1,950 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 7Am - 8
LLBO N
Employees 1
Heat Type Gas Forced Air Closd
Financial Statement Y
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
UFFI No
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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