About 472 Queen Street

Turnkey & Profitable Convenience Store Prime Corner Location in Belmont. Just 20 minutes North of London, this thriving convenience store presents an exceptional opportunity for entrepreneurs or investors seeking a well-established, high-performing business. Strategically located at a prominent main road of St Marys, the store has been operating successfully for over 11 years, generating consistent weekly sales of over $11,500 (excluding lottery) with a low cigarette sales ratio of only 50% with 13% profit. And, selling high-margin Smoking Accessories and Groceries. The store offers steady additional income from a $1,500/month lottery commission and $100/month ATM revenue. The lease is highly favorable at just $3,100/month (TMI & HST included), with 4.5 years remaining lease with 5-year renewal option. The business is ideally positioned for expansion and has a generous 2,400 sq. ft. retail space. There's significant upside potential for a new owner to introduce complementary revenue streams such as a vape shop, slush machines, and Scoop Ice cream. The store also drawing regular customers and seasonal foot traffic. This is a retirement sale, offering a rare chance to take over a profitable and turnkey business in a growing community. Don't miss out on this exceptional investment opportunity. All buyers and their agents are encouraged to conduct the buyer's own due diligence.

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