$270,000

Commercial For Sale In Queen Street Corridor, Brampton, Ontario

$270,000

Property Information:

Extremely Well Established Convenience Store Operating For Over 31 Years In The Same Prime Location In The Heart Of Brampton, Ontario. The Current Owner Is Now Retiring. This Store Enjoys Excellent Visibility At A Busy Intersection With Ample Customer Parking In The Plaza. The Business Generates An Annual Net Income Of More or Less $180,000, With High Margins From Lotto Commissions ($9,941/Month), Tobacco Sales ($40,771.41/M) And Groceries Sale ($3,500/Wkly). Additionally, Theres Passive Income Of Around $500/Month From TV Ads And An ATM. The Store Boasts A Loyal Customer Base, With Even Greater Income Potential From Recently Set Up Beer And Wine Sales. Surrounded By Both Commercial And Residential Areas, The Lease Is Secured Until March 31, 2028, With An Option To Renew For Five(5) More Years. Low Rent At $4,269 Per Month (TMI And Water Included). Any unauthorized visit is Totally Not Allowed. **** EXTRAS **** Once in a Lifetime opportunity. All numbers to be verified by Buyer or Buyer's agent. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Amenities Nearby: Highway, Public Transit
  • Zoning: M2

Courtesy of: HOMELIFE LANDMARK REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.