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About the Listing 124300 -
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.
Listing Highlights for 62 King St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Yes
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- Below Ground Sq Ft: n/a
- Basement:
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Exterior Details
- Garage Capacity: N/A
- Roof:
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
62 King St Norfolk, ON N4B 1X6
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