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$399,000
Status: OFF MARKET
High sales volume corner convenience store business on a free standing property, having lots of exclusive parking. Large 3100 sq ft leased area. Located on a high traffic street. Same owner operating the business for last 14 years, now moving. Business hours 24 hours. Avg Wkly Revenue Approx. $23,000 to $25,000(Cig Portion only 40-45%)Lotto Commission Approx $60-70K/Yr, ATM+Bitcoin Comn Approx $800-$900/Mth. Current Rent $9500/Mth+hst Till Nov2025. Buyer can get additional 5+5+5 Lease Terms. Utilities Exp Approx $1300/Mth. Great potential to increase revenue and income by adding vape, u-haul, flowers & plants(ample space available). Ideal store premise, if liquor license comes in 2026!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8352176 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Aug, 2024 (811 Days ago) |
| Source | :TRREB |
| Area | :Hamilton |
|---|---|
| Postal Code | :
L8V 1T1
|
| Price | : $399,000 |
|---|---|
| Property Taxes | :$0.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Fennell & Upper Wentworth |
|---|
| Fireplace/Stove | :No |
|---|
18 May, 2024
TREB #X8352176
Available
$399000.0
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