Mehdi Teimouri
Broker
Right At Home Realty, Brokerage
Independently owned and operated.
1550 16 ave, Richmond Hill , Ontario L4b 3k9
Cell: 647-989-2641Office: 905-695-7888Fax: 905-695-0900
$125,000
Available - For Sale
Listing ID: X12258614
14110 Belmont Road , Central Elgin, N0L 1B0, Elgin
| Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes south of London, this thriving convenience store presents an exceptional opportunity for entrepreneurs or investors seeking a well-established, high-performing business. Strategically located at a prominent corner in the heart of Belmont, the store has been operating successfully for over 11 years, generating consistent annual sales of over $400,000 (excluding lottery) with a low cigarette sales ratio of only 40% with 13% profit. And, selling high-margin American beverages and candies. The store offers steady additional income from a $2,000/month lottery commission and $300/month ATM revenue. The lease is highly favorable at just $3,309/month (TMI & HST included), with 4.5 years remaining until December 31, 2029. Featuring a generous 1,500 sq. ft. retail space and an 8-door walk-in cooler, the business is ideally positioned for expansion. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and beer & wine sales. The store also proudly serves the beloved local ice cream brand SHAWS, drawing regular customers and seasonal foot traffic. This is a retirement sale, offering a rare chance to take over a profitable and turnkey business in a growing community. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct their own due diligence. |
| Price | $125,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Owner |
| Address: | 14110 Belmont Road , Central Elgin, N0L 1B0, Elgin |
| Postal Code: | N0L 1B0 |
| Province/State: | Elgin |
| Directions/Cross Streets: | Belmont Rd / Union St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 7am-10p |
| Employees #: | 1 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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Years
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| KW Living Realty |
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Mehdi Teimouri
Broker
Dir:
647-989-2641
Bus:
905-695-7888
Fax:
905-695-0900
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Elgin |
| Municipality: | Central Elgin |
| Neighbourhood: | Belmont |
| Fireplace: | N |
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