3 - 8 QUEENSWAY EAST, Norfolk (Simcoe)

$230,000

For sale: Other

Other at 3 - 8 QUEENSWAY EAST, Norfolk (Simcoe)
Property type
Sale Of Business
MLS®
MLS® X13698136
Neighbourhood
Simcoe

TURNKEY CONVENIENCE STORE & MULTI-INCOME BUSINESS OPPORTUNITY IN SIMCOE! Excellent opportunity to own an established convenience store in the heart of Simcoe, Ontario, ideally located in the busy Governor Simcoe Plaza and surrounded by established residential neighbourhoods and schools. Operating successfully for approximately 14-15 years, the business benefits from strong visibility, steady walk-in traffic, and a loyal customer base. The store generates approximately $555,000 in annual sales. A Mo'Cha Bubble Tea operation was recently added under the same roof in June 2026, creating an additional source of income with significant potential for future growth. Lotto, RIA, ATM, U-Haul, and Bitcoin generates annual commission of approximately $47,000. The business currently generates approximately $12,000/month in net profit, with attractive occupancy costs of only $2,966/month, inclusive of TMI, water, and gas. Long-term lease available with approximately 3.5 years remaining plus a 5-year renewal option, and a cooperative landlord. Excellent potential to further increase revenue by adding services such as Uber Eats, courier services, additional food offerings, opening early and other complementary business opportunities. Inventory is not included in the purchase price. This is an excellent opportunity for an owner-operator or investor looking for an established, diversified, and scalable business in a growing community. Please do not go direct or speak with employees; all inquiries and showings must be arranged through the listing brokerage. Mo'Cha Bubble Tea is a franchise store.

Sold data

Homes in Norfolk (Simcoe) — recent sold market

Homes in Norfolk (Simcoe) took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 138 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.

The median sale price was $612,500.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$612,500
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 3 - 8 QUEENSWAY EAST