Newmarket - Summerhill Estates
Newmarket - Summerhill Estates
Listed For $169,000
Get Pre-approvedAdded 1 month ago
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 wide boundaries, 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 still. 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 $4,300/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. The Busi
* Values are estimates only and not a guarantee of lending or affordability.