MICHAEL TZAKAS, Sales Representative - re/max hallmark realty ltd.,

$479,000

Available - For Sale

Listing ID: X12218253

Reputable Convenience Business in the Busiest Plaza in Town Located in the towns busiest plaza, this well-established convenience store is highly regarded by the local community. It boasts high sales volume of $28,000 ~ $30,000 per week, excluding lottery sales and generates strong profits. With a low percentage (20%) of cigarette sales and growing beer and wine sales, the store offers a diverse product range, including fireworks, groceries, confectionery, gifts, novelties, smoking accessories, and lottery. The spacious store (2,500 sq. ft.) comes with low rent ( $4,557.67: TMI, HST Included ) and a favorable lease term 3.5 years remaining until December 31, 2028 with a 10 (5 + 5) -year renewal option. Additionally, seasonal flower sales from April to June bring in substantial extra income. The current owner has successfully operated the business for 17 years and is now planning for retirement.

Price	$479,000
Taxes:	$0.00
Tax Type:	Annual
Occupancy:	Owner
Province/State:	Lambton
Directions/Cross Streets:	Main St S/Victoria St

Washroom Type	No. of Pieces	Level
Washroom Type 1	0
Washroom Type 2	0
Washroom Type 3	0
Washroom Type 4	0
Washroom Type 5	0
Washroom Type 6	0
Washroom Type 7	0
Washroom Type 8	0
Washroom Type 9	0
Washroom Type 10	0

Category:	Without Property
Use:	Convenience/Variety
Building Percentage:	F
Total Area:	0.00
Total Area Code:	Square Feet
Retail Area Code:	Sq Ft

Financial Statement:	T
Chattels:	T
Franchise:	F
Days Open:	O
Hours Open:	7am-11p
Employees #:	2
Seats:	0

Sprinklers:	No
Washrooms:	0
Heat Type:	Gas Forced Air Close
Central Air Conditioning:	Yes
Sewers:	Sanitary+Storm

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

KW Living Realty

Listing -1 of 0

Michael Tzakas

Sales Representative

Dir:

416-561-3911

Bus:

416-494-7653

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At a Glance:

Type:	Com - Sale Of Business
Area:	Lambton
Municipality:	Lambton Shores
Neighbourhood:	Forest
Style:
Lot Size:	x 62.00(Feet)
Approximate Age:
Tax:	$0
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
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