C6 - 2 QUEEN STREET S, New Tecumseth, Ontario, L0G 1W0

Property Information:

Attention all business searchers: GREAT OPPORTUNITY TO BE YOUR OWN BOSS WITH AN EXCELLENT BUSINESS IN A PRIME LOCATION IN DOWNTOWN TOTTENHAM. Rare opportunity to acquire this highly profitable independent convenience store established for over 40 years in the same location, under the same management for over 11 years. The owner is retiring now. Excellent exposure at a busy intersection. Weekly gross sales amount to $18,000 with amazingly high margins from tobaccos and varieties with an additional passive income of $500/M from Bitcoin, TV ads, and ATM. Lotto commission around $7,500/month covering more than monthly rent and regular operational expenses. A lot of loyal customers. Greater income potential with upcoming Beer/Wine sales from 2026. The interior size is 1,877 square feet, one of the biggest space in the town, which is good enough to obtain permits for Beer/Wine sales and operations. 6-door walk-in cooler already in place. Huge potentials to add various other services such as Western Union, courier services, photo printing, key cutting, and a vape shop. Low rent of $5,037.40 including rent, TMI and HST. 3 years of lease, started at the end of 2023. Please do not visit the premise directly; contact the listing agent first. (id:27)