Selling

472 Queen Street E, St. Marys, ON N4X 1B2

$129,000

  • (0)
  • 4 Views
  • Sep 25, 2025
  • St. Marys, St. Marys

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Description
Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes North 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 main road of St Marys, the store has been operating successfully for over 11 years, generating consistent weekly sales of over $11,500 (excluding lottery) with a low cigarette sales ratio of only 50% with 13% profit. And, selling high-margin Smoking Accessories and Groceries. The store offers steady additional income from a $1,500/month lottery commission and $100/month ATM revenue. The lease is highly favorable at just $3,100/month (TMI & HST included), with 4.5 years remaining lease with 5-year renewal option. The business is ideally positioned for expansion and has a generous 2,400 sq. ft. retail space. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and Scoop Ice cream. The store also 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 the buyer's own due diligence.
Overview
Property ID: X12281779
Type: Sale Of Business
Square: 2,400 m²
Price: $129,000
PropertyType: Commercial
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Yes
Heating: Gas Forced Air Closed
ParkingFeatures: Outside/Surface
YearBuilt: Unknown
TaxAnnualAmount: 0
PossessionDetails: TBD/Flexible
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