$270,000 FOR SALE

Business for Sale

Convenience/Variety

Total Area: 1,575 ft2

155 Clark Blvd #3
Brampton, ON L6T 4G6 | Southgate | Peel

Extremely Well Established Convenience Store Operating For Over 31 Years In The Same Prime Location In The Heart Of Brampton, Ontario. The Current Owner Is Now Retiring. This Store Enjoys Excellent Visibility At A Busy Intersection With Ample Customer Parking In The Plaza. The Business Generates An Annual Net Income Of More or Less $180,000, With High Margins From Lotto Commissions ($9,941/Month), Tobacco Sales ($40,771.41/M) And Groceries Sale ($3,500/Wkly). Additionally, Theres Passive Income Of Around $500/Month From TV Ads And An ATM. The Store Boasts A Loyal Customer Base, With Even Greater Income Potential From Recently Set Up Beer And Wine Sales. Surrounded By Both Commercial And Residential Areas, The Lease Is Secured Until March 31, 2028, With An Option To Renew For Five(5) More Years. Low Rent At $4,269 Per Month (TMI And Water Included). Any unauthorized visit is Totally Not Allowed.

Extras
Once in a Lifetime opportunity. All numbers to be verified by Buyer or Buyer's agent.

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Listed By HOMELIFE LANDMARK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9366819
Last Updated Sep 28, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Category Without Property
Occupancy Owner
Possession Date Immediate/TBA
Directions/Cross Streets Clark Blvd & West Dr.
Neighbourhood Southgate
Area Peel
Price History
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Detailed Information
Retail Area 1,575 ft2
Total Area 1,575 ft2
Air Conditioning Y
Basement N
Chattels N
Garage Type Plaza
Days Open 7
Hours Open 6-21
LLBO Y
Heat Type Gas Forced Air Open
Financial Statement Y
Area Influences Major Highway, Public Transit
Sprinklers Y
Utilities A
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning M2
Seller Property Info Statement N

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