
List Price: $184,999
8 QUEENSWAY N/A, Norfolk, N3Y 4M3
- By GATE GOLD REALTY
Sale Of Business|MLS - #X12277011|New
Bed
Bath
None Garage
Client Remarks
Excellent convenience store opportunity in Simcoe, Ontario. Located in the high-traffic Governor Simcoe Plaza and surrounded by residential neighborhoods and schools, this established store benefits from consistent walk-in traffic and loyal clientele. The business generates over $252,000 (approx.) in annual sales plus $47,700 (approx.) per year in additional commission income from Lotto, RIA, ATM, Uhaul, Bitcoin, and more. Monthly net profit is $7,000 (approx.) after all expenses, including rent and utilities. Rent is $2,759/month, inclusive of TMI, water, and gas. The lease is long-term 4.5+5 years with renewal options in place. Annual expenses are under $41,000 (approx.), providing healthy margins. Business is in operation since the last 14-15 years with the existing owner from the last 2-3 years. Potential to expand with Uber Eats, courier services or other add-ons. Inventory and office setup are not included in the sale price. Please do not go direct and do not speak to employees.
Property Description
8 QUEENSWAY N/A, Norfolk, N3Y 4M3
Property type
Sale Of Business
Lot size
N/A acres
Style
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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8 QUEENSWAY N/A, Norfolk, N3Y 4M3Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 8 QUEENSWAY N/A

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