#3 - 17080 BATHURST STREET, Newmarket (Summerhill Estates)

$169,000

For sale: Other

Property type
Business
Bedrooms / bathrooms
1 bathroom
MLS number
MLS® N13067472
Neighbourhood
Summerhill Estates
Other at #3 - 17080 BATHURST STREET, Newmarket (Summerhill Estates)

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 wide boundaries, 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 still. 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 $4,300/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. The Business has been operated by current owners successfully for past 12 years.