For Sale - 585 Weber Street, Waterloo, Ontario

Est payment $2,156/mo
Views   1
Time on Jump  84 day
  • 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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585 Weber Street
Waterloo , Ontario
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