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Norwich,ON N0J 1C0
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 859 sqft
Price per Sqft $465
Subdivision Burgessville
MLS Listing ID X12300413
Building Age 51-99
Annual Tax Amount $2,200
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Truly turnkey (non-franchise) convenience store (Business only), the same location since the 1970s perfectly positioned as the heart of the community. Offering essentials, groceries, tobacco products, and catering services with regular contracts to provide meals for many local employers and community organizations. An LLBO license application has been made. The Village Market is famous for its home-style soups, handmade submarine sandwiches, special custom pizzas and more! Gross sales are between $600,000 and $700,000 Annually. Adding alcohol is expected to boost gross sales significantly. State-of-the-art Point of Sale Software system, Website and social media, updated and replaced store fixtures and equipment, backup generator. Great opportunity to expand the business by Introducing lottery sales-a proven revenue driver in the convenience market. No other convenience stores or restaurants within 8 KM. Consistent, loyal customer base, plus high traffic exposure to commuters. Located right on busy Highway 59, connects the 401 Corridor with the recreational and beach communities of Lake Erie's North Shore, making The Village Variety an essential stop for those must-have items that travelers may have forgotten. The purchase price includes training time with the current owner. Operating inventory included in purchase price.
Location
Province ON
County Oxford
Community Burgessville
Area Oxford
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 53.45
Lot Depth 145.17
Others
Security Features No