CAONSimcoeSimcoe8 Queensway E
3 - 8 Queensway E, Home with 0 bedrooms, 0 bathrooms and null parking in Simcoe ON | Image 1
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$184,999
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3 - 8 Queensway E, Simcoe, ON

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 20
Approx. Age 
MLS® Number X12277011

Property Address: 

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

Description

Excellent convenience store opportunity in Simcoe, Ontario. Located in the high-traffic Governor Simcoe Plaza and surrounded by residential neighborhoods and schools, this established store benefits from consistent walk-in traffic and loyal clientele. The business generates over $252, 000 (approx.) in annual sales plus $47, 700 (approx.) per year in additional commission income from Lotto, RIA, ATM, Uhaul, Bitcoin, and more. Monthly net profit is $7, 000 (approx.) after all expenses, including rent and utilities. Rent is $2, 759/month, inclusive of TMI, water, and gas. The lease is long-term 4.5+5 years with renewal options in place. Annual expenses are under $41, 000 (approx.), providing healthy margins. Business is in operation since the last 14-15 years with the existing owner from the last 2-3 years. Potential to expand with Uber Eats, courier services or other add-ons. Inventory and office setup are not included in the sale price. Please do not go direct and do not speak to employees.Show Description
MLS® NumberX12277011
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

HeatNone
A/CYes
Heating Fuel

Extras

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