Business For Sale | E13071608Sale

Excellent opportunity to acquire a neighborhood retail business located in a mature residential area with a stable customer base. The property features a mixed-use layout with a residential apartment on the upper level and a retail store on the main floor. Upper unit approximately 2, 000 sq. ft with 4 bedrooms, kitchen and 3 washrooms, currently rented at $2, 700/month. Main floor retail space approximately 1, 500 sq. ft with rent of $3, 500/month (including TMI & HST). Lease term remaining approximately 3.5 years with a 5-year renewal option. Business generates approximately $36, 000 in monthly sales, plus additional income from lottery and ATM of approximately $850/month. Historically operated by staff. Seller advises prior net income of approximately $9, 000/month; buyer to verify. Please note that certain regulated product sales are not currently in operation. Opportunity exists for a qualified buyer to re-establish product lines, subject to required approvals and licensing. Flexible use with option for owner occupancy or continued rental of the residential unit. Financial information provided by seller; buyer to verify.