$270,000 FOR SALE

Business for Sale

Convenience Store

155 Clark Boulevard #3
Brampton (Southgate), ON L6T 4G6

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)

Share

Listed By HOMELIFE LANDMARK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9366819
Last Updated Sep 27, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience Store
Franchise Non-Franchise
Community Southgate
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
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

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.