123 Peter St, Port Hope, L1A 1C5

Listing Overview

Description

Excellent location in the multiple businesses of the commercial Plaza on the main Highway. The store has been operating successfully for over 15 years by the same owner, generating consistent annual sales of over $520,000 (excluding lottery) with a low cigarette sales ratio of only 65% with 8% profit. And, selling Beer & Wine. The store offers steady additional income of $4, 000/month from lottery commission and $600/month from the ATM, which fully covers the rent and utilities. Extra Income from Purolator, UPS & Bitcoin ATM. The low rent is highly favorable at just $2,700/month (TMI & HST included), with 3 years remaining until June 30, 2028, plus a 5-year renewal option. Easy operating and short opening hours. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence.

86 days

On Market

Sale Of Business

Property Type

$0 / Year

Est. Taxes

Without Property

Style

Convenience/Variety

Business Type

N

Franchise