4396 King Street 102, Kitchener, ON N2P 2G4

Kitchener N2P 2G4 Ontario

MLS: X12603180

$139,000

Added 25 days ago | For Sale

Listed by: AIMHOME REALTY INC.

About Property

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).

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Plaza
  • Driveway:
  • Heating Fuel:
  • Cross Street:Sportworld Dr/King St E
  • Basement: ,
  • Possession Date:tba
  • Annual Property taxes: $11263.56
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12603180

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