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Busy Convenience Store In Ottawa For Sale

Ottawa, Ontario
Asking Price:
$129,000 (CAD)
Sales Revenue:
$1,000,000 (CAD)
Cash Flow:
$50K - $100K (CAD)

Profitable Convenience store for sell, located in a busy strip plaza, near down town.

Business has multiple source of income including ATM, Bitcoin ATM, Lotto Machine, Uhaul services, Western Union.

Recently added another section for bakery but due to my health and planning of moving to another city I resume it the project. The business has a huge potential for future buyer. recently purchased new equipment worth over 50K

Property Information

Real Estate:

Lease

Lease Terms:

Current lease expires Jan 21 2022 plus 5 years option

Leasehold Rent:

$93,000 (CAD) per annum

Location:

Ottawa

Premises Details:

2350 sq

Size in square feet:
2,350

Business Operation

Expansion Potential:

Expand the food section in the store which has a huge potential add pizza or any other food that is not offered in the plaza

Reasons for selling:

Due to my health and planning to move to Calgary to join my rest of family there.

Trading hours:

6:00 am to 12:00 am

Employees:
5
Years established:
1991

Other Information

Support & training:

Will train the new owner/operator for two weeks for a smooth transition

Furniture / Fixtures value:
$50,000 (CAD)
Inventory / Stock value:
$50,000 (CAD)

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