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102 - 4396 King Street Kitchener, Ontario N2P 2G4

Fully Air Conditioned Forced Air

$139,000

High margin convenience store located in a busy plaza, together with Tim Hortons , Subway, Factory burger, True north weed shop, 2001 video audio at same plaza. Weekly sales $9,000. Within this $9,000, cigarettes portion is 55% with profit Margin is15% , grocery 45% with 50% margin. Lotto commission monthly $2,000, ATM commission $200 a month, Bitcoin $350 a month, other rebates & ads income $100 monthly, has alcohol license. Rent $5,600 all inclusive ( tmi & water), hydro $550, internet & phone $150, alarm $30, insurance $250 , others $50. Lease until May 31, 2030, with + 5+5 options. Net income: $90,000 a year (salary included). (id:60365)

Business

BusinessType Retail and Wholesale
BusinessSubType Convenience store

Property Details

MLS® Number X12603180
Property Type Business

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
UtilityWater Municipal Water

Land

Acreage No
ZoningDescription Commercial

https://www.realtor.ca/real-estate/29164822/102-4396-king-street-kitchener

Vicky Pan
Broker


Aimhome Realty Inc.

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