For Sale Business

25 Main Street W

$399,900 Est. $1,771/mo ↓

Elizabethtown-Kitley, Ontario K0E 1M0

2,114 sqft Interior
71.56 X 189.56 Ft Lot size
1 day ago Listed
Fully Air Conditioned Forced Air

About this home

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:28469)

Business

Business Type Retail and Wholesale
Business Sub Type Convenience store
Name Chit-Chat Convenience and Pizzeria

Facts & features

Property

MLS® Number
X13575670
Property Type
Business
Community Name
811 - Elizabethtown Kitley (Old Kitley) Twp
Features
Irregular Lot Size

Building

Age
0 To 5 Years
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
2,114 Sqft
Utility Water
Drilled Well

Land

Acreage
No
Size Depth
189 Ft ,6 In
Size Frontage
71 Ft ,6 In
Size Irregular
71.56 X 189.56 Ft
Size Total Text
71.56 X 189.56 Ft
Zoning Description
Cg

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$1,771/mo
Ontario land transfer tax
$4,474 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Elizabethtown Kitley (Old Kitley) Twp market

47 Active listings
$549,900 Median asking price
27% below median This home
29 days Avg. time on market
Browse all Elizabethtown Kitley (Old Kitley) Twp listings →

Location

25 Main Street W, Elizabethtown-Kitley, Ontario K0E 1M0  ·  Get directions

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