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Convenience Store In North York For Sale

North York, Ontario, Canada
Asking Price:
Undisclosed
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Convenience Store in North York for Sale

The store is located on the first floor of a building. Its main sale commodities are: Lottery products, cigarettes, chocolate bars, chewing gums, beverages, snacks, some foodstuff, and main daily supplies etc.

Business current sale is about $18,000 monthly.
Therein, excluding Lottery products sale; Cigarettes sale ratio is about 50% in the business sale.
Lottery Commission is $1,100.00 – $1,500.00/month
ATM commission is $40.00 – $60.00/month
Advertisement income is about $70.00/year
Increasable sale item in future: Wines

The rent is near $2,000 monthly.
That includes taxes, maintenance, and store electricity fee of illuminating system and refrigerators etc.

The store area is about 915 Square feet (85 M2). The lease time length is 5 years. It has been used for two (2) years. The store location: in North York, Ontario (approaching Scarborough)

The store had glorious sale history in the past. Since COVID-19, the sales volume has declined gradually. As Ontario province’s economy improves, and the business operating strategy adjusts, the sales of the store may return to the former level.

Sale price: Discuss personally.

Property Information

Real Estate:

Lease

Living Accommodation:

No living accommodation.

Location:

The store is located in a high building (more than 20 floors)

Premises Details:

The store is on the first floor.of the building

Size in square feet:
915 Square feet

Business Operation

Expansion Potential:

selling wines.

Competition / Market:

The store is an only convenience store nearby.

Reasons for selling:

Retired

Years established:
N ∕ A