62 King ST new Save Request In-Person Tour Request Virtual Tour
Norfolk,ON N4B 1X6
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $53
Subdivision Delhi
MLS Listing ID X12349990
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy downtown area, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. A spacious unfinished basement provides even more potential for expansion. Current average weekly sales are approximately $10,000 (with about 30% from cigarettes), plus lottery commissions of $3,000/month. Operating costs are low, with hydro averaging $600/month. A brand-new 5+5 year lease is in place at $3,000/month net-net rent. The business currently operates limited hours (8 AM 8 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity in a charming town, offering growth potential and a solid foundation.
Location
Province ON
County Norfolk
Community Delhi
Area Norfolk
Interior
Heating Yes
Cooling Yes