haho.ca
$199,999
For sale

160 Guelph Street, Halton Hills (Georgetown) - Business for Sale

160 Guelph Street, Halton Hills (Georgetown), Ontario, L7G4A6

Listed 32 days ago
Overview

This business in Halton Hills is for sale. It has been on the market 32 days, fresher than the Halton Hills average of 65 days.

Description

Excellent opportunity to own a turnkey, profitable convenience store operating as "Familia Plus Convenience Store" in a highly visible standalone location on Guelph St. in the heart of Georgetown. Prime location directly in front of a high school with approximately 1,500 students, and neighboring a UPS Store and Bar Burrito Mexican Restaurant. Approved vape license application in place a major value add for revenue growth! Features exceptional, fully documented cash flow with consistent, verifiable ancillary commission income from lottery, a busy U-Haul rental, a fixed Bitcoin terminal contract, an ATM network, and tobacco sales. Secure, long-term commercial tenancy in place until November 2033 with very low overhead. Low gross rent of just $6,222.40/month (TMI & HST included) and average utilities of only $500/month. Completely turnkey operation featuring a fully owned POS system, display coolers, custom tobacco cabinets, a security camera system, and all shelving units included free and clear of liens. Surrounded by dense residential and commercial developments ensuring constant foot traffic. Fantastic growth potential! Perfect for families or savvy investors looking for immediate, secure cash flow. Smooth owner handover and transition period available.Inventory is extra. (id:66096)

Property Details

MLS®
W13863448
Property Type
Business
Business Type
Retail and Wholesale
Zoning
GCN3 (H4)
Frontage
50 ft
Heating
Forced air
Cooling
Fully air conditioned
Property Tax
$13,288/yr
Listed
32 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
32d
Halton Hills (Georgetown) listings, avg age
65d
List price
$200K

Extended: 32 days on market, against an average age of 65 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Halton Hills (Georgetown) has been listed for 32 days, which is 33 days fresher than the city average of 65. Act while there is still low competition.

Listed by RE/MAX REALTY SERVICES INC. · AKAY SANDHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7G)

This home lists at $199,999, about 1.5× the local median household income of $132,000.

Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$132,000
Population
48,051
Median age
42
Owner / renter
86% / 14%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA L7G)

$199,999
For sale

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Financing

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$199,999

Halton Hills

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