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
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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.