Price: $48,000

1034 Ivsbridge Boulevard, Newmarket, ON L3X 1N6

A well-established, neighbourhood-friendly convenience store with almost 2300 sqft of space located in the heart of the Stonehaven of Newmarket, adjacent to Ren Bray Park and Notre Dame Catholic Elementary School. This longstanding business enjoys a prime location with no direct competition. Don't miss this chance to enter a turnkey operation with excellent growth potential. The store's strategic location near a school and park ensures steady foot traffic from families, students, and locals. With the right vision, a new owner could attract even more customers by diversifying product offerings, adding delivery services, adding L.L.B.O or enhancing the store's online presence. This business is perfect for someone looking to own a community-focused venture with a solid customer base and room to innovate. The seller offers a seamless transition, including guidance for new owners to ensure a smooth handover. Opportunities abound for the new owner to expand the business by introducing popular offerings like pizza, scoop ice cream, and other products. The current owner is motivated to sell and retire, making this a fantastic opportunity for the right buyer. Take advantage of this rare opportunity to acquire a thriving business with low overheads and high potential. Serious inquiries are the only opportunities that won't last long **EXTRAS** Key highlights include Consistent Monthly Average sales of $24000 ( $21,500 from operation sales, plus Lottery Commission: $2,200 per month . Additional Income: $500 per month from extra services.) Low Rent: Ensuring strong profitability.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2090 Square Feet

List Price

$48,000

Gross Income

N/A

Annual Taxes

$1

Tax year

2024

Business Type

Convenience/Variety

Years in Business

N/A

Location

Newmarket, ON

Status

Pending

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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