Kitchener, ON N2M3N1,124 HOFFMAN STREET
Kitchener, ON N2M3N1,124 HOFFMAN STREET
Kitchener, ON N2M3N1,124 HOFFMAN STREET
Kitchener, ON N2M3N1,124 HOFFMAN STREET
Kitchener, ON N2M3N1,124 HOFFMAN STREET
Kitchener, ON N2M3N1,124 HOFFMAN STREET
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$ 225,000
Est. payment | /mo

1,800 SqFt


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$ 225,000
Est. payment | /mo
Save

1,800 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $125

MLS® Listing ID X12631342

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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124 HOFFMAN STREET