Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$119,900
Available - For Sale
Listing ID: E9294447
361 King St East , Unit 10, Clarington, L1B 1B4, Ontario
| Convenience Store located in a busy commercial plaza with Tim Hortons as one of the main tenants. The business has been in the family for over 10 years. It was previously ran by the current owners father. The vendor is prepared to spent a time training the new owner. The vendor will allow any prospective purchaser spend a few days working in the business to assess the daily traffic and business being done. It is unit 10 in the plaza and is 1100 square feet. The Net Rent is $23.00 per square foot = $2384.00 the current TMI is $17.5 per square foot =$1604.23. Net plus TMI = $3988.23 plus HST $518.47 = $4506.70 total rent per month. The current leas expires April 30th 2025. The landlord is open to negotiate a 5 year lease for the new buyer. Gross average sales of Cigarettes is $50K per month and for all other items the average monthly Gross is $25K. Current hours are 9am to 9pm Sunday to Thursday and 9am to 10 pm Friday and Saturday. Hours could be increased to 24 hours. |
| Extras: ATM is owned all display cases owned by the suppliers and are on loan to sell the product ( Coke, Pepsi, Red Bull, Ice Cooler |
| Price | $119,900 |
| Taxes: | $14.40 |
| Tax Type: | T.M.I. |
| Occupancy by: | Tenant |
| Address: | 361 King St East , Unit 10, Clarington, L1B 1B4, Ontario |
| Apt/Unit: | 10 |
| Postal Code: | L1B 1B4 |
| Province/State: | Ontario |
| Lot Size: | 25.00 x 44.00 (Feet) |
| Directions/Cross Streets: | King/Massey Drive |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Total Area: | 1100.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1100 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Approximatly Age: | 16-30 |
| Business/Building Name: | One Stop Convenience Newcastle |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | N |
| Days Open: | 7 |
| Hours Open: | 9 to 9 |
| Employees #: | 0 |
| Seats: | 0 |
| LLBO: | N |
| Sprinklers: | Y |
| Washrooms: | 1 |
| Clear Height Feet: | 14 |
| Volts: | 110 |
| Truck Level Shipping Doors #: | 1 |
| Height Feet: | 6 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Durham |
| Municipality: | Clarington |
| Neighbourhood: | Newcastle |
| Lot Size: | 25.00 x 44.00(Feet) |
| Approximate Age: | 16-30 |
| Tax: | $14.4 |
| Baths: | 1 |
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