99 Main St, Lambton Shores, N0M 2N0

Listing Overview

Description

Rare opportunity to buy a profitable Business with property. Same owner operating the business for last 28 years and now retiring. Its about 4000 sq ft large property. Business is operated as a General Store selling Lottery, Cigarettes, Coffee, Snacks, Grocery, Hardware, Stationary and more, One Stop Shop for customers. Short Business hours 6-9. Annual Revenue 2024 -$581,000 (Cig Portion only 20%), High profit margins, Additional income from Lotto Comn Approx $19000/Yr, ATM Comn Approx $4000-5000/Yr, Low Property Tax $3348/2024, Insurance $9000/Yr ,Hydro Approx $1200/Mth, Gas $200/Mth. All records are available for verification after a conditional offer is accepted. Great potential to increase the revenue just by adding a Liquor license. Anything & Everything can be sold at this store!

56 days

On Market

Sale Of Business

Property Type

$3,348 / Year

Est. Taxes

With Property

Style

Convenience/Variety

Business Type

N

Franchise