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$259,000
88 ELLIOTT STREET
Brampton, Ontario, Ontario, L6Y1W3
MLS® Number: W12118405
Property description
Incredible opportunity to own a well-established convenience store located in a high-traffic downtown area with no future zoning options for new competition. Operating for over 30 years, this trusted neighborhood staple boasts consistent clientele and proven profitability. The store offers a balanced and diversified income stream 65% of gross sales are from grocery and liquor, while tobacco contributes only 15%, minimizing dependency on regulated products. Notably, the lotto commission alone covers more than the rent, creating an attractive margin for owner-operators or investors alike. The current rent is remarkably low for such a prime location, providing long-term cost stability and maximizing net income potential. This is a turnkey operation with strong cash flow and an excellent reputation within the community. Whether you're looking for a secure investment or a self-employment opportunity with low overhead and high return, this business checks all the boxes. Do not miss your chance to own a rare downtown gem with built-in competitive protection and decades of goodwill.
Building information
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Land information
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Courtesy of RE/MAX ULTIMATE REALTY INC.
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