Convenience Store + LCBO with Property – EXCLUSIVE LISTING
Same owner operating the business for last 33 years and now retiring. 1.5 Hrs drive west from Toronto.
The Main floor is 2500 sq convenience & LCBO store, second floor has about 1300 sq renovated apartment. The second floor has 4 bedrooms and 1 bathroom. The third floor has a large attic (700sq) that is used as a storage. Property has a septic tank, and water is delivered(No well).
- Annual Revenue 2023 : LCBO -$2M, Tobacco $30,000, Grocery $515,000 plus ($100k) , all with high profit margins
- Lotto Commission Approx $40,000/Yr
- ATM Comn Approx $10000/Yr
- Low PropertyTax $3112/Yr
- Insurance $11600/Yr
- Utilities & Tel Approx $13500
Store hours: Monday – Saturday 9am-8pm.
Sunday 9am-6pm. Holidays 10am-6pm.