25 MAIN STREET W

Elizabethtown-Kitley Ontario K0E1M0

$399,900

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. Chit-Chat Convenience and Pizzeria operates from approximately 2,114 sq. ft. of efficient commercial space and offers 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 layout includes a retail area, commercial kitchen and food-preparation space, cooler, storage rooms, washrooms, and service areas. The sale includes the business name, goodwill, and an extensive selection of fixtures, furnishings, and equipment as described in the Schedule of Chattels. The seller will calculate the inventory, which is additional to the purchase price, at closing. The business will operate under a new long-term triple-net commercial lease because the seller is offering it for sale without the real property. The premises are separately metered for utilities. The tenant will also be responsible for their proportionate share of property taxes, building insurance, and eligible common-area maintenance costs.Lottery, liquor, and other licences, approvals, and third-party operating arrangements are subject to applicable transfer, qualification, and consent requirements.A private well and septic system service the property.Detailed financial information is available to qualified purchasers upon execution of a confidentiality agreement (id:2494)

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