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    For Sale - 585 Weber Street, Waterloo, Ontario

    Est payment $2,156/mo
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    Views   1
    Time on Jump  63 day

    AI Summary *

    • Established convenience store with 29 years of successful operation.
    • High visibility location in a busy commercial plaza.
    • Multiple income streams from tobacco, groceries, beverages, and lottery sales.
    • Annual revenue includes $80,000 from lottery commissions and growing beer and wine sales.
    • Great potential for growth with extended hours and new product offerings.




    Exceptional opportunity to own a high-volume convenience store in the thriving waterloo region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. Ft. Of retail space with a monthly rent of $11,000. The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $80,000 annually in olg 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside tim hortons and rbc bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential.
    Listing IDX13613914
    Address585 Weber Street
    CityWaterloo, Ontario
    Price$449,000
    Bath1 Full
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Electric Forced Air

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    Listing Brokerage: LIVIO REAL ESTATE

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    585 Weber Street
    Waterloo , Ontario
    1 $449,000
    Get more info