HOMELIFE MIRACLE REALTY LTD

$225,000

124 HOFFMAN Street, Kitchener, Ontario

Property

MLS® Number: 40793602

Address: 124 HOFFMAN Street

City: Kitchener

Onway Mart in Kitchener is For Sale. Located in a high-traffic residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Excellent business with good sales, long lease, and huge growth potential. Convenience Store Weekly Sales: Approx. $10,000 to $12,000, Other Sales Portion: Approx. 70% to 75%, Tobacco Sales Portion: Approx. 25% to 30%, Lotto Commission: Approx. $3,500/m, U-Haul Commission: $1,000/m, ATM Revenue: $300/m, Bitcoin Revenue: $300/m. Rent including TMI & HST: $5,500/m. Lease Term: 5 + 5 years. Store Area: 1800 sq ft. Additional potential to expand Vape Store operations and introduce more services to increase revenue further. (id:52316)

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Woolcott Real Estate
Woolcott Real Estate

Team

RE/MAX Escarpment

Contact Woolcott Real Estate