3 - 8 QUEENSWAY EAST

$230,000

3 - 8 QUEENSWAY EAST

Simcoe, Norfolk, ON

Type
Business
Status
Active
Living area
978 sqft
MLS®
X13698136

About this property

TURNKEY CONVENIENCE STORE & MULTI-INCOME BUSINESS OPPORTUNITY IN SIMCOE! Excellent opportunity to own an established convenience store in the heart of Simcoe, Ontario, ideally located in the busy Governor Simcoe Plaza and surrounded by established residential neighbourhoods and schools. Operating successfully for approximately 14-15 years, the business benefits from strong visibility, steady walk-in traffic, and a loyal customer base. The store generates approximately $555,000 in annual sales. A Mo'Cha Bubble Tea operation was recently added under the same roof in June 2026, creating an additional source of income with significant potential for future growth. Lotto, RIA, ATM, U-Haul, and Bitcoin generates annual commission of approximately $47,000. The business currently generates approximately $12,000/month in net profit, with attractive occupancy costs of only $2,966/month, inclusive of TMI, water, and gas. Long-term lease available with approximately 3.5 years remaining plus a 5-year renewal option, and a cooperative landlord. Excellent potential to further increase revenue by adding services such as Uber Eats, courier services, additional food offerings, opening early and other complementary business opportunities. Inventory is not included in the purchase price. This is an excellent opportunity for an owner-operator or investor looking for an established, diversified, and scalable business in a growing community. Please do not go direct or speak with employees; all inquiries and showings must be arranged through the listing brokerage. Mo'Cha Bubble Tea is a franchise store. (id:66946)

Features

retail and wholesale

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.