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$109,000
Available - For Sale
Listing ID: X12281779
472 Queen Street East , St. Marys, N4X 1B2, Perth


Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes North of London, this thriving convenience store presents an exceptional opportunity for entrepreneurs or investors seeking a well-established, high-performing business. Strategically located at a prominent main road of St Marys, the store has been operating successfully for over 11 years, generating consistent weekly sales of over $11,500 (excluding lottery) with a low cigarette sales ratio of only 50% with 13% profit. And, selling high-margin Smoking Accessories and Groceries. The store offers steady additional income from a $1,500/month lottery commission and $100/month ATM revenue. The lease is highly favorable at just $3,100/month (TMI & HST included), with 4.5 years remaining lease with 5-year renewal option. The business is ideally positioned for expansion and has a generous 2,400 sq. ft. retail space. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and Scoop Ice cream. The store also drawing regular customers and seasonal foot traffic. This is a retirement sale, offering a rare chance to take over a profitable and turnkey business in a growing community. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct the buyer's own due diligence.
Price $109,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 472 Queen Street East , St. Marys, N4X 1B2, Perth
Postal Code: N4X 1B2
Province/State: Perth
Directions/Cross Streets: Queen St E & Brock St E
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Category: Without Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 2400.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 6am-10p
Employees #: 1
Seats: 0
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Sale Of Business
Area: Perth
Municipality: St. Marys
Neighbourhood: St. Marys
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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