14110 Belmont Road, Central Elgin, ON N0L 1B0 (Belmont Rd / Union St)

Price : $125,000.00 , MLS®# : X12258614

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 Description

Belmont Rd / Union St

Property Details
  • Community: Belmont
  • Property Type: Owner/Commercial
  • Garages: Outside/Surface
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : Outside/Surface
Features
  • Heating : Gas Forced Air Open
  • Sewer : Sanitary ,

Listing Contracted With: KW Living Realty