• Mobile: 416-548-7854
  • Office: 416-548-7854
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$159,000
Available - For Sale
Listing ID: X12349990
62 King Stre , Norfolk, N4B 1X6, Norfolk


Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy downtown area, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. A spacious unfinished basement provides even more potential for expansion. Current average weekly sales are approximately $10,000 (with about 30% from cigarettes), plus lottery commissions of $3,000/month. Operating costs are low, with hydro averaging $600/month. A brand-new 5+5 year lease is in place at $3,000/month net-net rent. The business currently operates limited hours (8 AM 8 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity in a charming town, offering growth potential and a solid foundation.
Price $159,000
Taxes: $0.00
Tax Type: Annual
Occupancy: Owner
Address: 62 King Stre , Norfolk, N4B 1X6, Norfolk
Postal Code: N4B 1X6
Province/State: Norfolk
Directions/Cross Streets: King+Queen
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 3000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8-8
Employees #: 1
Seats: 1
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
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.

$
%
Years
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.
HOMELIFE/DIAMONDS REALTY INC.
Personal Picture
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Delhi
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:
Payment Calculator:
$
%
%
Years