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C6 - 2 Queen Street S New Tecumseth, Ontario L0G 1W0

1 Bathroom
Fully Air Conditioned Forced Air

$275,000

Attention all business searchers: GREAT OPPORTUNITY TO BE YOUR OWN BOSS WITH AN EXCELLENT BUSINESS IN A PRIME LOCATION IN DOWNTOWN TOTTENHAM. Rare opportunity to acquire this highly profitable independent convenience store established for over 40 years in the same location, under the same management for over 11 years. The owner is retiring now. Excellent exposure at a busy intersection. Weekly gross sales amount to $18,000 with amazingly high margins from tobaccos and varieties with an additional passive income of $500/M from Bitcoin, TV ads, and ATM. Lotto commission around $7,500/month covering more than monthly rent and regular operational expenses. A lot of loyal customers. Greater income potential with upcoming Beer/Wine sales from 2026. The interior size is 1,877 square feet, one of the biggest space in the town, which is good enough to obtain permits for Beer/Wine sales and operations. 6-door walk-in cooler already in place. Huge potentials to add various other services such as Western Union, courier services, photo printing, key cutting, and a vape shop. Low rent of $5,037.40 including rent, TMI and HST. 3 years of lease, started at the end of 2023. Please do not visit the premise directly; contact the listing agent first. (id:48303)

Business

Business Type Retail and Wholesale
Business Sub Type Convenience store

Property Details

MLS® Number N8298704
Property Type Business
Community Name Tottenham
Parking Space Total 10

Building

Bathroom Total 1
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Acreage No

https://www.realtor.ca/real-estate/26837256/c6-2-queen-street-s-new-tecumseth-tottenham

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Homelife Landmark Realty Inc.
7240 Woodbine Ave Unit 103
Markham, Ontario L3R 1A4

(905) 305-1600
(905) 305-1609
www.homelifelandmark.com/

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