190 Minet's Point Road Unit 8, Barrie (Painswick North), Ontario L4N4C3

Property Description

Fantastic opportunity to own a convenience store in a busy neighborhood plaza with strong visibility, steady foot traffic, and tremendous growth potential. The business currently generates approximately $5,500 in weekly sales, with tobacco accounting for only about 40% of sales, providing ample opportunity to diversify into higher-margin products and services. Additional income streams include approximately $13,000 per year in lottery commissions and approximately $650 per month from ATM and Bitcoin machine revenue. One of the key features of this location is the existing sushi counter and food preparation area, offering an excellent opportunity for a new owner to expand into fresh food, grab-and-go meals, sandwiches, bakery items, coffee, specialty beverages, or other takeout concepts. With the growing demand for convenient food options, this space has the potential to become a significant revenue driver. The store currently operates six days per week and is closed on Sundays, allowing a new owner to increase sales by extending operating hours. There is also potential to introduce beer and wine sales, vape products (subject to obtaining the required licenses and approvals), and other complementary product lines to further increase profitability. The business benefits from very affordable rent of approximately $2,900 per month including TMI and HST, providing stability and peace of mind. Surrounded by residential neighborhoods and established businesses, this is an ideal opportunity for an owner-operator, family business, or entrepreneur seeking a turnkey operation with multiple avenues for growth. With the existing infrastructure in place and significant untapped potential, a motivated buyer can take this business to the next level and substantially increase revenue and profits. (id:5764)