Established convenience store and food-service business in the Village of Lyn, Ontario, between Brockville and Mallorytown. Operating since July 2023, the business has shown consistent year-over-year sales growth and offers an excellent opportunity for an active owner-operator to continue building the operation. The business operates from efficient, purpose-built commercial space offering freshly prepared pizza and hot food, subs, burgers, poutine, baked goods, ice cream, seasonal frozen treats, groceries, snacks, lottery services, propane exchange, firewood, ice, and related retail products. The business has AGCO authorization for the sale of beer, wine, and ready-to-drink beverages, together with OLG authorization. All licences and approvals are subject to applicable transfer requirements and third-party consent. The layout includes a retail area, a commercial kitchen and food-preparation space, a cooler, storage rooms, washrooms, and service areas. They included an extensive selection of fixtures, furnishings, and equipment. The seller will calculate inventory, which is additional to the purchase price at closing. The seller is offering the business for sale without the real property. The business will operate under a new long-term triple-net commercial lease. Because the premises have separate meters, the tenant pays for the utilities that serve the leased unit. The tenant also pays their proportionate share of property taxes, building insurance, and common-area maintenance costs. A private well and septic system service the property. Detailed financial information is available to qualified purchasers upon execution of a confidentiality agreement.
Percent of Building:
58.55
Minimum Rental Term:
120
Maximum Rental Term:
240
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
0-5
Total Area:
2114 sq. ft. Square Feet
Total Area:
2,114.25 sq. ft.196 m2
Retail Area:
2114 sq. ft. Sq Ft
Lot Depth:
189'7"57.8 m
Lot Frontage:
71'7"21.8 m
Lot Shape:
Irregular
Water supply:
Well
Zoning:
CG
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
10 days after lease signed
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Yes
Type Taxes:
Annual
Taxes:
$12,194.74 /
2025
Assessment:
$- /
-
Leeds and Grenville
Elizabethtown-Kitley
811 - Elizabethtown Kitley (Old Kitley) Twp
Slushy Machine
Business name, goodwill, fixtures, furnishings, and equipment as described in the attachedSchedule of Chattels.
Inventory, cash on hand, accounts receivable and personal property of the Seller. Inventory tobe purchased separately and adjusted at closing.
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