About This Property
This 1-bathroom business in Newmarket (Summerhill Estates) offers 1,155 sq ft of living space. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
Very rare opportunity to own a profitable and well-established convenience store in Newmarket with a strong base of loyal customers. Excellent location in the heart of a residential community with no direct competition within a long distance, resulting in steady traffic and high profit margins. The area continues to grow, with hundreds of new homes being built and occupied. Selling Wine & Beer. A lots of potentials to increase sale by adding other items. Weekly sales with consistent performance over many years. Additional income includes Lotto commissions averaging $3,000/month and ATM income averaging $470/month. Affordable rent at $4,000/month, including water, TMI, and HST. Lease term: 5 + 5 years. Inventory is extra. The business is well run with stable sales and is being sold due to the owner's retirement plan. The Business has been operated by current owners successfully for past 12 years. (id:60351)
Overview
Interior
Location
View larger mapListing Information
MLS#: N12747508
Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.
Powered by REALTOR.ca DDF
Interested in this property?
Get in touch for a private showing or more details about this listing.
Request InformationFree Home EvaluationOr call us directly
416-918-7814Mortgage Calculator
For illustration purposes only. Consult a mortgage professional for accurate rates.
Land Transfer Tax
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.