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. (id:47423)
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Detailed Information
Amenities Nearby
Highway, Public Transit
Listing Contract Date
2024-09-25
Location Description
Clark Blvd & West Dr.
Property Type
Business
Transaction Type
For sale
Zoning Description
M2
Business
Business Type
Retail and Wholesale
Business Subtype
Convenience store
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Amenities
Highway, Public Transit
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