62 King Street, Norfolk, ON N4B 1X6

Norfolk N4B 1X6 Ontario

MLS: X12349990

$159,000

Added 24 days ago | For Sale

Listed by: HOMELIFE/DIAMONDS REALTY INC.

About Property

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.

Features

  • House Style:Sale Of Business
  • Bathrooms:
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  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
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  • Cross Street:King+Queen
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:
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  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
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  • Listing ID:X12349990

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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