Busy renovated convenience store with high lottery commission

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Busy renovated convenience store with high lottery commission

Busy renovated convenience store with high lottery commission

For Sale $ 249,000
LOCATION: Scarborough Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Vending & Kiosk Businesses for Sale
LISTING TYPE: Convenience Stores for Sale | Lotto Businesses for Sale | Lotto Businesses for Sale | Variety Stores for Sale

Busy renovated convenience store with high lottery commission in Scarborough. At the entrance of a busy mall, this store captures a lot of attentions for new and old customers. Lottery commission $8,000 to $8,500 per month. Weekly sales $12-15k with 60% cigarettes. Cigarettes profit margin 15%. ATM $1,000 to $1,500 per month. Beer and Wine estimated $4,000 to $5,000. Rent $4,810 including TMI per month. 3+5 year lease.Net income including salaries is about $160k a year.

Vicky Pan Broker AimHome Realty Inc., Brokerage