05/06/2025
MLS: X12123335
Tom’s Variety Store - Lindsay, Ontario.
370 Kent Street West
All Financials available. For full Financials, have your realtor send us the signed form 560.
Offer Date: May 17th, 12pm
We aren’t taking any direct buyers. Have your realtor submit your offer before May 17th, 12pm. Please review all financials before offer date. Thank you.
Numbers:
-Non-Lottery Sales: $1,150,000 annual
-Lottery Commission: $115,000 annual
*One OLG machine + one self-serve lotto machine
-Nevada Commission: $1500 annual
-Bingo Commission: $920 annual
-ATM Commission: $6120 annual
-Annual NOI: $280,000 (owner operated)
-Rent + TMI + HST: $3,426.16 monthly
-Current lease until 2030
Highlights:
-Safe, busy, and growing location
-Lindsay Ontario population set to double according to local paper.
-sandwiched in-between the Beer Store, Tim Hortons, Subway, and other major retailers
-Across the street from Lindsay Square Mall
-The store is on Kent Street where all of the major businesses are located
-The store is located in Whitney Town Centre.
-Lots of Room for Business Growth. My family was just maintaining the business for the last 2 years due to family illness, so the right business owner can definitely grow the business.
-CCTV System with 24 hour recording and realtime viewing
-POS System (barcode scanning)
-One person run operation
-No Franchise Fees
-No Royalty Fees
-Will train new owners
-One of the only self-serve lotto machines in the area
-Currently selling alcohol except beer (store is located next to the main Beer Store in Lindsay Ontario)
Asking Price:
-$590,000 plus stock
Contact me, Tony Choi, for more information. I am the listing agent. The owner of the business is my mother.
416-990-5549
[email protected]
