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Busy Convenience Store Mainly On Groceries For Sale

Etobicoke, Ontario, Canada, ID 204463

Busy Convenience Store Mainly On Groceries For Sale 1
Busy Convenience Store Mainly On Groceries For Sale 1
Asking price:
CAD$399 000
Cash Flow (per year): $240 000 cad
Sales Revenue: $850 000 cad
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Description

Busy convenience store generating approximately $850,000 in annual sales, primarily from grocery items, with cigarettes and tobacco accounting for less than 10 percent of total revenue.The lottery terminal was previously returned due to religious reasons, however the buyer has the option to reinstate the lottery machine if desired.The business operates with strong profit margins and low overhead costs. Monthly rent is $2,750 plus HST. The seller reports net earnings of approximately $20,000 per month after paying two employees and rent.This is a well performing operation with stable cash flow, efficient staffing structure, and potential for additional revenue expansion through reinstated lottery services.

Details

Real Estate: Lease
Asking price: 399 000 cad
Cash Flow (per year): 240 000 cad
Sales Revenue: 850 000 cad
Rent (per year): 33 000 cad

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