17
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$259,000
Est. payment /mo
1 Bath
900 SqFt
New
88 Elliott ST Brampton, ON L6Y 1W3
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $287
Subdivision Downtown Brampton
MLS Listing ID W12118405
Tax Year 2024
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Peel
Community Downtown Brampton
Area Peel
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 123.75
Lot Depth 50.0
Others
Security Features No
Listed by RE/MAX ULTIMATE REALTY INC.
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