Vaughan Convenience Store for Sale: $198,000Convenience store in Maple, Major Mackenzie and Keele. This store has competitive advantage to typical convenience store suffering from shrinking margin. It includes dollar store operation and maintains higher average margin than other typical convenience stores. Neighbourhood is nice as surrounded by middle class residences and community is also growing with new houses. Come and check!
Asking Price: $198,000
Sales: $14,000/wk, Lotto: $2,500/m Net Income after Expenses: $10,000/m as per seller. Rent $6,700 incl. TMI, Hydro $550/m. Lease 1yr and 8m + 2 of 5yrs Current owner 8 years so far. Ciga. Portion 35%.
