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Beautiful Convenience Store In Greater Montreal For Sale

Greater Montreal, Quebec, Canada
Asking Price:
$179,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,400,000 (CAD)
Cash Flow:
$101,721 (CAD)

* A beautiful Convenience store is for sale. $179,000 + Inventory (approximately . $60K)

* Located at the intersection of a nice, quiet residential neighbourhood right after Montreal-East.

* Large Parking lot, stand-alone building, latest advanced camera systems, renovated bathroom & timeless interior.

* It is the staple business of the community, has been there for a few decades, and will continue to thrive.

* There is a lot of foot traffic, & at a stop sign, there is good visibility.

* Currently owned and operated absentee; owner visits only once a month.
* Staff willing to stay for someone who wants to run it as an absentee and just do the administrative work.
* Basic knowledge of French is required, like numbers & greetings, if only the owner wants to work cashier shifts. We can train.
* No other Experience required. We will provide ongoing support at no cost until fully trained.

* Sales can be verified, no gimmicks. Vendor invoices can be verified. Clean records.
* Inventory at cost extra approx. $60K.
* Landlord requires a $10K deposit, Utility electricity HydroQuebec requires a $3K deposit. Both are refundable.

* Serious buyers ONLY with proof of funds, no tire kickers, please. Thank you.

* Store Hours: 7 AM to 10 PM
* Total Sales: $1.4 Millions
* Gross profit: $264,125
* Expenses $162,404
* Net Profit: $101,721


For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Long term available, future rent term can be negotiated with landlord.

Leasehold Rent:

$55,200 (CAD) per annum

Location:

Located at intersection of nice quiet residential neighborhood of Lachenaie right after Montreal-East.

Premises Details:

Large Parking lot, Stand alone building, latest advanced camera systems, renovated bathroom & timeless interior.

Size in square feet:
2,500

Business Operation

Expansion Potential:

Can open earlier and close later.

Competition / Market:

None for this kind, Easy ingress, quick in & out, several decade in the business, good foot traffic & visibility at 3-way stop sign, next to bus stop as well.

Reasons for selling:

Other bigger project

Trading hours:

7AM to 10PM

Employees:
4
Years established:
30+

Other Information

Support & training:

Yes, Full support & training provided. In-person and extended over the phone in future when required, can help provide employees as well if needed.

Inventory / Stock value:
$60,000 (CAD)