Norval Convenience Store In Halton Hills

$350,000

Sale of Business in Halton Hills, ON

Manoj Kukreja

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Description

Business Overview This convenience store is more than just a typical variety store; it serves as a central hub for the community. Here's why this location is perfect: 1. Canada Post Office: The store features a Canada Post Office with approximately 250 rented post boxes. This ensures a steady stream of customers who come to pick up their mail, providing a reliable income source through commissions 2. U-Haul Rental Services: With 15 trucks available for rent, the U-Haul service caters to customers' moving and transportation needs, further diversifying its revenue streams. 3. Ice Cream Shop: The in-house ice cream shop adds a fun, family-friendly element, drawing in customers of all ages, especially during the warmer months. 4. Licensed Alcohol Sales: The store is already licensed to sell alcohol, promising an additional lucrative revenue stream. This feature will soon make the store a one-stop shop for convenience items. Competitive Edge The store enjoys the benefits of a loyal customer base and steady income from multiple sources. The integration of various services—post office, U-Haul rentals, ice cream shop, and alcohol sales—ensures that the business can attract a diverse clientele. This multi-faceted approach not only maximizes revenue but also enhances the store's position as a beloved local business. Financial and Growth Potential Given the store's well-established nature and central location, it is positioned for significant growth. The area’s economic development, coupled with the store’s diverse service offerings, presents substantial potential for increased profitability. This opportunity is ideal for an entrepreneur looking to invest in a thriving small-town business with significant growth potential. Location and Community 525 Guelph Street is situated in Norval, a charming village close to Georgetown in Halton Hills. The area is known for its strong sense of community and steady population growth. Halton Hills has seen significant economic development, with a growing number of businesses and residential areas contributing to increased local traffic and customer base for businesses in the area. Residents in Halton Hills, enjoy a higher income that most other neighbourhoods with 60% of the area earning a minimum household income of $90,000. Don't miss this chance to own a multifaceted business in a prime location. Should you have any questions or require further details, please feel free to reach out.

Location & nearby

This listing is located in Halton Hills, ON L0P 1K0

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