8 Queensway 3

Norfolk, N3Y 4M3
FOR SALE
$184,999
8 Queensway 3, Norfolk
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
8 Queensway 3
Sale Of Business
CATEGORY
100
RETAIL AREA
X12277011
MLSID
Contact Us
Property Description
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 Details
Address
8 Queensway 3
Community
Postal Code
N3Y 4M3
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
commercial
Retail Area
100
Heat Type
None
Water
Municipal
Garage Type
None
Listing contracted with Gate Gold Realty
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