We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Perth County St. Marys
472 QUEEN STREET E
Directions Print
472 QUEEN STREET E $109,000
$109,000
Hide
Favourite

472 QUEEN STREET E
St. Marys, Ontario N4X1B2

MLS® Number: X12281779

Listing Description

Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes North 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 main road of St Marys, the store has been operating successfully for over 11 years, generating consistent weekly sales of over $11,500 (excluding lottery) with a low cigarette sales ratio of only 50% with 13% profit. And, selling high-margin Smoking Accessories and Groceries. The store offers steady additional income from a $1,500/month lottery commission and $100/month ATM revenue. The lease is highly favorable at just $3,100/month (TMI & HST included), with 4.5 years remaining lease with 5-year renewal option. The business is ideally positioned for expansion and has a generous 2,400 sq. ft. retail space. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and Scoop Ice cream. The store also 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 the buyer's own due diligence. (40880669)

Location Description

Queen St E & Brock St E

Property Summary

Property Type
Business
Community Name
St. Marys
Annual Property Taxes
$0
Time on REALTOR.ca
155 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
2400 sqft
Exterior Building Size
2400 sqft

Land

Other Property Information
Zoning Description
Commercial
Are you interested in touring this listing?
Request a showing

DANNY YOON