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347 Erb Street W Waterloo, Ontario N2L 1W4

Fully Air Conditioned Forced Air

$563,900

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in a convenient plaza within minutes of the University of Waterloo. Large 3020 sq ft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn). Lotto Comn $2400/Month, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I.All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat 7.30-9.30, Sun 8-8.Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024) (id:60365)

Business

BusinessType Retail and Wholesale
BusinessSubType Convenience store

Property Details

MLS® Number X12500618
Property Type Business

Building

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

Land

Acreage No
SizeDepth 195 Ft ,4 In
SizeFrontage 250 Ft ,10 In
SizeIrregular 250.9 X 195.41 Ft
SizeTotalText 250.9 X 195.41 Ft
ZoningDescription Commercial

https://www.realtor.ca/real-estate/29058110/347-erb-street-w-waterloo

Vern Balachandran
Salesperson


Royal LePage Ignite Realty
D2 - 795 Milner Avenue
Toronto, Ontario M1B 3C3

Sujhan Balachandran
Salesperson


Royal LePage Ignite Realty
D2 - 795 Milner Avenue
Toronto, Ontario M1B 3C3

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