3 - 8 Queensway East, Norfolk, Ontario N3Y 4M3

Listed for:
$230,000
0 beds
0 baths
Listed 18 days ago
3 - 8 Queensway East, Norfolk, Ontario N3Y 4M3

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About

Queensway E and Norfolk St N TURNKEY CONVENIENCE STORE & MULTI-INCOME BUSINESS OPPORTUNITY IN SIMCOE! Excellent opportunity to own an established convenience store in the heart of Simcoe, Ontario, ideally located in the busy Governor Simcoe Plaza and surrounded by established residential neighbourhoods and schools. Operating successfully for approximately 14-15 years, the business benefits from strong visibility, steady walk-in traffic, and a loyal customer base. The store generates approximately $555,000 in annual sales. A Mo'Cha Bubble Tea operation was recently added under the same roof in June 2026, creating an additional source of income with significant potential for future growth. Lotto, RIA, ATM, U-Haul, and Bitcoin generates annual commission of approximately $47,000. The business currently generates approximately $12,000/month in net profit, with attractive occupancy costs of only $2,966/month, inclusive of TMI, water, and gas. Long-term lease available with approximately 3.5 years remaining plus a 5-year renewal option, and a cooperative landlord. Excellent potential to further increase revenue by adding services such as Uber Eats, courier services, additional food offerings, opening early and other complementary business opportunities. Inventory is not included in the purchase price. This is an excellent opportunity for an owner-operator or investor looking for an established, diversified, and scalable business in a growing community. Please do not go direct or speak with employees; all inquiries and showings must be arranged through the listing brokerage. Mo'Cha Bubble Tea is a franchise store. (id:27476)

Property Highlights

MLS® Number
X13698136
Type
Business
Community Name
Simcoe

Building

Square Footage
978 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
HOMELIFE/MIRACLE REALTY LTD
MLS® number:
X13698136
Agent:
Alpesh Patel
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