For Sale - 4396 King Street Unit# 102, Kitchener, Ontario

Est payment $689/mo
Views   1
Time on Jump  1 days
  • High margin convenience store in a busy plaza with popular businesses.
  • Weekly sales of $9,000 with favorable profit margins on products.
  • Additional income from lotto, ATM, Bitcoin, and advertising.
  • Long lease until May 2030 with renewal options for stability.
  • Net income of $90,000 a year, includes salary and expenses.



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, 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).
Listing IDX12603180
Address4396 King Street Unit# 102
CityKitchener, Ontario
Price$139,000
StyleSale Of Business
TypeBusiness
StatusFor Sale
Subtype Sale Of BusinessHeating / Cooling Gas Forced Air Closed
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Listing Agency:  AIMHOME REALTY INC.
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4396 King Street Unit# 102
Kitchener , Ontario
$139,000
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