160 GUELPH STREET

About this property

Excellent opportunity to own a turnkey, profitable convenience store operating as "Familia Plus Convenience Store" in a highly visible standalone location on Guelph St. in the heart of Georgetown. Prime location directly in front of a high school with approximately 1,500 students, and neighboring a UPS Store and Bar Burrito Mexican Restaurant. Approved vape license application in place a major value add for revenue growth! Features exceptional, fully documented cash flow with consistent, verifiable ancillary commission income from lottery, a busy U-Haul rental, a fixed Bitcoin terminal contract, an ATM network, and tobacco sales. Secure, long-term commercial tenancy in place until November 2033 with very low overhead. Low gross rent of just $6,222.40/month (TMI & HST included) and average utilities of only $500/month. Completely turnkey operation featuring a fully owned POS system, display coolers, custom tobacco cabinets, a security camera system, and all shelving units included free and clear of liens. Surrounded by dense residential and commercial developments ensuring constant foot traffic. Fantastic growth potential! Perfect for families or savvy investors looking for immediate, secure cash flow. Smooth owner handover and transition period available. (id:66779)