A rare opportunity to own a profitable and well-established convenience store located in a very busy plaza in the city of Kitchener, right next to Tim Hortons. This prime location offers constant foot traffic, excellent visibility, and a spacious parking lot, making it easy and convenient for customers to stop by. The store reports an impressive average weekly sale of approximately $15,500, along with annual lottery commissions of $60,000 and additional income of $12,000 per year. About 55% of sales are from tobacco products, which currently offer strong margins. All financial figures are verifiable through the POS (point-of-sale) system, ensuring full transparency for interested buyers. The business has recently begun selling beer, adding a valuable new revenue stream and increasing its future growth potential. Combined with a newly signed lease, this business is well-positioned for continued success. The store is clean, professionally maintained, and located in a friendly, safe neighborhood. Its efficient operation and stable income make it ideal for both experienced operators and new entrepreneurs. Opportunities like this don’t come often.
MLS # | 40723698 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active Under Contract |
Days On Site | 51 |
Listing Provided By | RIGHT AT HOME REALTY BROKERAGE | Yong Chan Jang |
Property | 580 |
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Province | ON |
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Region | Waterloo |
City | Kitchener |
Postal Code | N2M 5N8 |
Listing VS Median (in N2M 5N8) | |
Price: $249,000 low | high Med: $0 On site: 51 low | high Med: |