-- Store w/ Apt
-- Lot Size of 19, 170 sq ft
-- Two Stores & One Apartment
-- Substantial Income
-- 11% Cap Rate
EXCLUSIVE LISTING: Prime Investment Opportunity in Woodville - Thriving LCBO Agency & Retail with Residential Unit
Property Highlights:
- Generous Lot Size: 19, 170. 51 sq ft of prime real estate.
- Ample Parking: 20 dedicated parking spaces for customers and residents.
- Versatile Commercial Space: A spacious 6, 100 sq ft ground floor featuring two separate commercial units, offering potential for diverse income streams or expansion.
- Upper-Level Residential Suite: A comfortable second-floor unit comprising 2 bedrooms, 1 bathroom, and a full kitchen – ideal for owner-occupiers or rental income.
Established & Profitable Business:
- Successful LCBO Agency: A long-standing and reputable agency with a loyal customer base, offering a wide selection of liquor products.
- Comprehensive Retail Offering: Includes cigarettes, vapes, groceries, and various lottery options, catering to the everyday needs of the local community.
- Essential Services: Provides valuable postal services, further enhancing customer convenience and foot traffic.
- Strong Financial Performance:
- Approximate Annual LCBO Sales: $1, 810, 000
- Approximate Annual Grocery Sales: $594, 000
- Approximate Annual Cigarette Sales: $322, 000
- Approximate Annual Lottery Commission: $43, 000
- Approximate Other Annual Income: $10, 000
- Excellent Net Rental Income: Approximately $62, 494 per year, showcasing the property's strong investment potential.
Turnkey Operation with Growth Potential:
- Long-Established Business: Successfully operated by the current owner for over 12 years, demonstrating a proven track record of profitability and community integration.
- Retirement Sale: The current owner is retiring, presenting a genuine opportunity for a new owner to step into a thriving business with established systems and clientele.
Strategic & Desirable Location:
- Prime Woodville Location: Situated on the main thoroughfare, ensuring high visibility and easy accessibility for local residents and passersby.
- Servicing a Wide Catchment Area: Caters to the needs of Woodville and surrounding communities.
- Convenient Access: Approximately a 1-hour drive from Scarborough, making it accessible to a broader market.
- Loyal Customer Base: Benefits from a significant number of long-term, repeat customers.
Exceptional Investment Value:
- Asking Price: $4, 500, 000
- Impressive Capitalization Rate: 11%, offering a significant return on investment.
This is a rare opportunity to acquire a successful business with a valuable property in a strong community. Ideal for investors or owner-operators looking for a stable income stream and long-term growth potential.
Don't miss out on this exclusive listing! Contact us today.
Disclaimer: All figures and information provided are deemed reliable but are not guaranteed and should be independently verified. This is not an offering for sale. An offering for sale may only be made after filing a disclosure statement.