This listing has been marked as Sold

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Lakeview Market - Grimsby On The Lake

Not on MLS®

Retail, Sale of Business in Grimsby, ON

Lovelesh Anand

Realtor

Listing Details

Description

Location! Location!! Location!! Act Fast & Grab The Opportunity. One Year Old “Neighborhood Convenience & Food Market” in Grimsby On the Lake - Master Planned Community. Well Planned Modern & Chic Corner Store Built Tastefully at Most Prestigious Location with High Visibility. No Direct Competition - Only Convenience Store among Expensive Townhomes & Condo Buildings with Beautiful Walking Trails & Community’s own Beach. Lots of Potential to reap the profits in running this store. Exclusive rights to run this business in the whole business strip. Low Rent ($3004 including TMI & HST) & very low overheads. Total expenses including Rent & Utilities are not more than $4000.00 per month. Lottery, ATM & Bitcoin ATM commission has already reached $2500 ++ within one year of operation. (Covering more than half of the expenses) Grocery Sales is appx. 70% & 30% Smoke. High Margins on Grocery Sales, being High Income Group residents living around. Great Owner Operator Income recorded in Year one. Potential to make $120-150K annually. Brand New High Rise Condominium Building in front of store is ready for Occupancy, will bring more customers this year. Great Opportunity for the Right Entrepreneur

Location & nearby

This listing is located in Grimsby, ON L3M