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$ 270,000
Est. payment | /mo
1,575 SqFt
$ 270,000
Est. payment | /mo
1,575 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $171
Subdivision Southgate
MLS® Listing ID W9366819
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
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