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62 King Street Norfolk, Ontario N4B 1X6

3000 sqft
Fully Air Conditioned Forced Air

$159,000

Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy downtown area, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. A spacious unfinished basement provides even more potential for expansion. Current average weekly sales are approximately $10,000 (with about 30% from cigarettes), plus lottery commissions of $3,000/month. Operating costs are low, with hydro averaging $600/month. A brand-new 5+5 year lease is in place at $3,000/month net-net rent. The business currently operates limited hours (8 AM 8 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity in a charming town, offering growth potential and a solid foundation. (id:60365)

Business

BusinessType Retail and Wholesale
BusinessSubType Convenience store

Property Details

MLS® Number X12349990
Property Type Business
Community Name Delhi

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3000 Sqft
UtilityWater Municipal Water

Land

Acreage No
ZoningDescription Commercial

https://www.realtor.ca/real-estate/28745189/62-king-street-norfolk-delhi-delhi

Sam Kapoor
Salesperson


Homelife/diamonds Realty Inc.
30 Intermodal Dr #207-208
Brampton, Ontario L6T 5K1

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