High margin convenience store located in a busy plaza, together with Tim Hortons , Subway, Factory burger, True north weed shop, 2001 video audio at same plaza. Weekly sales $9,000. Within this $9,000, cigarettes portion is 55% with profit Margin is15% , grocery 45% with 50% margin. Lotto commission monthly $2,000, ATM commission $200 a month, Bitcoin $350 a month, other rebates & ads income $100 monthly, has alcohol license. Rent $5,600 all inclusive ( tmi & water), hydro $550, internet & phone $150, alarm $30, insurance $250 , others $50. Lease until May 31, 2030, with + 5+5 options. Net income: $90,000 a year (salary included). (id:4069)
Address
102 - 4396 KING STREET
List Price
$139,000
Property Type
Business
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
MLS® Number
X12603180
Listing Brokerage
AIMHOME REALTY INC.
Postal Code
N2P2G4
Zoning
Commercial
