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    For Sale - 535 Upper Wellington Street Unit# 4, Hamilton, Ontario

    Est payment $1,383/mo
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    Views   9
    Time on Jump  58 day

    AI Summary *

    • Steps from a major bus stop with ample street parking available.
    • Consistent monthly revenue growth, averaging $40,000 from diverse sales.
    • Store designed for easy one-person operation with streamlined management.
    • Significant expansion potential with approved new service options.
    • New condominium opening nearby expected to boost customer traffic.




    The store is located steps from a major bus stop and offers ample street parking. It is with in walking distance of several schools, a community center, and popular restaurants, making it easily accessible for both residents and commuters. Average monthly revenue is approximately$40,000, with 65% generated from cigarette sales and 35% from groceries. Revenue has shown consistent growth over the past year, largely due to increased neighborhood traffic. Additional monthly income streams include a lottery commission of $4,500, bitcoin transactions averaging $300, and atm usage bringing in $150. Alcohol sales contribute a net monthly income of $1000. Rent is $6,000 per month, which includes tmi (taxes, maintenance, and insurance)and hst. The shop is designed for easy, one-person operation, requiring only a single staff member during most business hours. Inventory management is streamlined, and payment systems are automated, allowing daily operations to be handled efficiently. Training can typically be completed in under two weeks, making this an excellent opportunity for a small family or for new immigrants seeking their first business venture. Located in a high-traffic area, the store is just steps away from a major bus stop and offers ample street parking. It is within walking distance of several schools, a community centre, ensuring accessibility for residents and commuters alike. The business is also busy with courier services, providing additional customer flow. The property features a long lease term (4 + 5 +5 + 5 years), and there is significant potential to expand services, with options such as a vape store, key cutting, and butane tank sales already approved. Furthermore, a new condominium will open directly across from the store next year, which is expected to significantly increase the customer base
    Listing IDX12751754
    Address535 Upper Wellington Street Unit# 4
    CityHamilton, Ontario
    Price$288,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public TransitHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  CENTURY 21 PEOPLE`S CHOICE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    535 Upper Wellington Street Unit# 4
    Hamilton , Ontario
    $288,000
    Get more info