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$ 125,000
Est. payment /mo
Pending
14110 Belmont RD Central Elgin, ON N0L 1B0
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
Subdivision Belmont
MLS Listing ID X12258614
Tax Year 2025
Property Sub-Type Sale Of Business
Lot Depth 132.0
Lot Front 66.0
Property Description
Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes south 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 corner in the heart of Belmont, the store has been operating successfully for over 11 years, generating consistent annual sales of over $400,000 (excluding lottery) with a low cigarette sales ratio of only 40% with 13% profit. And, selling high-margin American beverages and candies. The store offers steady additional income from a $2,000/month lottery commission and $300/month ATM revenue. The lease is highly favorable at just $3,309/month (TMI & HST included), with 4.5 years remaining until December 31, 2029. Featuring a generous 1,500 sq. ft. retail space and an 8-door walk-in cooler, the business is ideally positioned for expansion. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and beer & wine sales. The store also proudly serves the beloved local ice cream brand SHAWS, 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 their own due diligence.
Location
Province ON
County Elgin
Community Belmont
Area Elgin
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 66.0
Lot Depth 132.0
Others
Security Features No
Listed by KW Living Realty
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