
496 Queen Street
Arran-Elderslie, ON, N0G 2N0
Community:Arran-Elderslie
Asking Price
$175,000
Frontage
0 ft.
Lot Depth
0 ft.
Square Foot
1,600 ft.
Lot Area
Zoning
Commercial
496 Queen Street S, Arran-Elderslie, N0G 2N0
Property Description
Original Remarks
25+ year established convenience store business for sale (without real estate), centrally located on the downtown main street of Paisley, a well-supported community approximately 25 minutes from Bruce Power.The store is a key local hub, surrounded by the post office, pharmacy, a restaurant, and a gym, with consistent foot traffic and strong community presence.Paisley is seeing ongoing development, including a recently completed 34-unit apartment building at the end of the street, alongside additional projects underway. The area continues to benefit from long-term economic stability tied to Bruce Power.The business generates approximately $570,000 in annual sales, with a stable and diversified mix including cigarettes (37%) and liquor (15%), along with additional income streams such as OLG commissions ($11,000/year) and supplier rebates.The store operates under a new 5+5 lease with very reasonable rent (~$2,500/month including TMI). Hydro typically ranges from $800-$1,100/month.Currently employee-run, the business provides a solid operational foundation with clear opportunity for growth and margin improvement under an engaged owner-operator. The store is equipped with commercial-grade equipment throughout.Includes back-office space, storage, and a basement for additional inventory.All information provided by seller. Buyers to perform their own due diligence.
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496 Queen Street
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