124 Hoffman Street, Kitchener, ON N2M 3N1 (Kehl St/ Hoffman St)

Price : $225,000.00 , MLS®# : X12631342

PUVANESWARANATHAN
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.

Location Description

Kehl St/ Hoffman St

Property Details
  • Community:
  • Property Type: Owner/Commercial
  • Garages: Outside/Surface
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : Outside/Surface
Features
  • Heating : Gas Forced Air Closed

Listing Contracted With: HOMELIFE/MIRACLE REALTY LTD