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    For Sale - 8 King Street, Kitchener, Ontario

    Est payment $1,004/mo
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    Views   4
    Time on Jump  66 day

    AI Summary *

    • Well-established convenience store in a prime downtown location with high visibility.
    • Located next to popular Tim Hortons with heavy foot and vehicle traffic.
    • Diverse product range including beverages, tobacco, and lottery with recent revenue expansions.
    • Upgraded store environment with new flooring and fresh paint for a modern feel.
    • Low rent and additional income streams make this an attractive business opportunity.




    Excellent opportunity to acquire a well-established essentialy convenience store located at the high-visibility intersection of king street & queen street in downtown kitchener. This store is located next to tim hortons, offering aaa+ location with exceptional exposure, very high visibility, and benefiting from a very, very busy street with continuous pedestrian and vehicular traffic. The area experiences significant footfall year-round, with numerous events taking place during summer and fall seasons, further driving customer traffic and sales potential. The business enjoys a strong community presence along with a loyal base of repeat customers. The store operates as a true one-stop shop, offering a wide range of products including beer, wine, cigarettes, lotto, vape products, and weed accessories. The business holds a valid vape license, with vape recently added as an additional revenue stream, enhancing growth opportunities. Recent upgrades include new flooring and fresh paint, providing a clean and modern retail environment. Additional income streams include atm revenue plus bitcoin revenue of approximately $300/month combined. The store also benefits from premium supplier accounts with major brands such as pepsi, red bull, and tobacco vendors, ensuring strong product availability and margins. Revenue streams include beer sales, cigarette sales, convenience retail, and strong lotto commissions (approximately $12,948 lotto). Low rent of only $2,486/month including tmi and hst makes this a highly attractive and sustainable operation. Main street grant and façade grant also available.
    Listing IDX13060050
    Address8 King Street
    CityKitchener, Ontario
    Price$209,000
    Bath1 Full
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Major Highway, Recreation/Community CentreBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary Available

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    Listing Agency:  CENTURY 21 SKYLARK REAL ESTATE LTD.

    * 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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    8 King Street
    Kitchener , Ontario
    1 $209,000
    Get more info