14110 Belmont Road
Central Elgin, N0L 1B0
FOR SALE
$125,000

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Sale Of Business
CATEGORY1,500 Sq Ft
RETAIL AREAX12258614
MLSIDContact Us
Property Description
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.
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Property Details
Address
14110 Belmont Road
Community
City
Postal Code
N0L 1B0
Property Type
Sale Of Business, Sale Of Business
Days On Market
21
Use
Without Property
Zoning
COMMERCIAL
Lot Size
66' x 132'
Retail Area
1,500 Sq Ft
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Kw Living Realty
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