333 Ritson Road, Oshawa, ON Image 1

$180,000

Sale Of Business For Sale
MLS - #E12028553
3 days ago- By RE/MAX METROPOLIS REALTY

333 Ritson Road, Oshawa, ON L1H 5J3

Bed
Bath
1200 Sqft.
Reserved/Assignd Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

1200 Sqft

About 333 Ritson Road

Over 30 years well-established convenience store for sale! Located in a high-traffic corner on Ritson Rd S and Olive Ave with strong local demand, this business presents a fantastic opportunity for both new and experienced entrepreneurs. The store serves a prime customer base and offers products such as cigarettes, snacks, cold drinks, chocolates, candies, groceries, and lottery tickets. With strong income potential and a straightforward operation, the business is ideal for families, business owners, new immigrants, and investors. The very attractive low rent of $4,000+hst monthly, (plus 40% maintenance) comes with a long lease. Lotto commission and ATM income, the margin on grocery items is high. The business already has a liquor license for beer and premixed drinks and has recently begun selling liquor. Sales over $54k/month except lotto sales. The landlord will allow the establishment of a vape store. Please be advised that there is currently a school in front of the property which is going to be torn down in the future, in replacement of it many residential units are going to be built 1000 residential units which will serve as a good customer base.

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Building size

1200

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
18000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 333 Ritson Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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