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Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 27
Approx. Age 
MLS® Number X12258614

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes south 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 corner in the heart of Belmont, the store has been operating successfully for over 11 years, generating consistent annual sales of over $400, 000 (excluding lottery) with a low cigarette sales ratio of only 40% with 13% profit. And, selling high-margin American beverages and candies. The store offers steady additional income from a $2, 000/month lottery commission and $300/month ATM revenue. The lease is highly favorable at just $3, 309/month (TMI & HST included), with 4.5 years remaining until December 31, 2029. Featuring a generous 1, 500 sq. Ft. Retail space and an 8-door walk-in cooler, the business is ideally positioned for expansion. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and beer & wine sales. The store also proudly serves the beloved local ice cream brand SHAWS, 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 their own due diligence.Show Description
MLS® NumberX12258614
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas Forced Air Open
A/CYes
Heating Fuel

Extras

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