Price: $229,000

1700 Simcoe Street N N3, Oshawa, ON L1G 8A5

Discover a well-established grocery store FoodCo Supermarket & Halal Meat with approximately 450-500k spent on lease hold improvements , ideally located directly beneath a student residence housing over 800 students guaranteeing consistent daily traffic. The store benefits from its prime position near Durham College, Ontario Tech University, and within a rapidly growing residential community with several new developments underway.This business enjoys strong monthly sales with significant potential for further growth through targeted marketing and product expansion. The rent is $4,981.94/month (including TMI & HST) and covers all utilities and maintenance, plus six reserved parking spots. A secure lease runs until 2032 with 5 + 5-year renewal options, providing long-term operational stability. With its unbeatable location, built-in student clientele, and established community presence, this is an excellent opportunity for investors or operators seeking a profitable and future-ready grocery and halal meat business.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1687 Square Feet

List Price

$229,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2025

Business Type

Grocery/Supermarket

Years in Business

N/A

Location

Oshawa, ON

Status

Active

Franchise

No

Last Updated

Similar Listings for SaleView all listings

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.

Map View

Some information about this property -

Agent

Book a Showing

Check Out this business!

I agree to receive marketing and customer service calls and text messages from Bizmonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe.