17080, Bathurst, Summerhill Estates, Newmarket, Commercial

Description

Commercial Sale Of Business For Sale.

Very rare opportunity to own a profitable and well-established convenience store in Newmarket with a strong base of loyal customers. Excellent location in the heart of a residential community with no direct competition within a long distance, resulting in steady traffic and high profit margins. The area continues to grow, with hundreds of new homes being built and occupied. Selling Wine & Beer. A lots of potentials to increase sale by adding other items. Weekly sales with consistent performance over many years. Additional income includes Lotto commissions averaging $3,000/month and ATM income averaging $470/month. Affordable rent at $4,000/month, including water, TMI, and HST. Lease term: 5 + 5 years. Inventory is extra. The business is well run with stable sales and is being sold due to the owner's retirement plan. The Business has been operated by current owners successfully for past 12 years.

Community Features: Greenbelt/Conservation, Public Transit

Cross Street: Bathurst & Mulock

Business Name: Happy Mart