CONVENIENCE STORE

ASKING 310,000

Details

-​ Yearly sales $ 702,000 (approx.)

Cigarette 50 % -2 Dollar profit per pack)
Grocery 50% – 35% Mgn
Lotto Com. 2,600/m
ATM com. 250/m
Rebate ( Chocolate, Ice cream, …) : 7,000 /y
U Haul truck rental : 4,000 (one truck) /y

Expenses

Rent 4,159 (TMI HST Inc.) ,June 2017 – May 2025 ,(8 years)
Hydro, Gas Water, Tel, Internet, Insurance, Accountant fee : 16,000 /y

​Owner 16 years managed….​ It is very rare store in market which is average store margin 25%..

Open 8-10, Sat . Sun 8- 9:30pm , 2 employees ($27,000 /y)

Lease 8 years (Flat) and option , Rent was 6,000 , but now reduced the space by business owner –expense 45,000-50,000..

Before reducing the space , there were 2 unit, but now,

3 commercial unit in this building which are convenience and restaurant, and health food store (Soon)…

Neighbours and customers are very nice and mid-income earners—-royal customer.

Limited Showing time ….. 35 min. eastbound from Toronto

ASKING 310,000

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David Kim

Sales Representative

Office
416-222-8321

Cell
(416)704-4522

Fax
416-222-8324

E-Mail
dbkim1965@gmail.com

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