Amazing Location - Convenience Store In Kitchener For Sale

Description

24-Hour Automated Convenience Store Opportunity - KitchenerAn excellent opportunity to acquire a franchised convenience store located within a student residence in Kitchener. This unique automated retail concept allows for flexible ownership with minimal day-to-day involvement, making it ideal for an owner-operator or investor seeking a low-overhead business model.The store operates primarily as a hands-off automated business, requiring owner involvement mainly for inventory stocking, delivery receiving, and periodic inventory management. The business can continue operating as an automated store or be converted to a traditional staffed retail model depending on the purchaser’s preference.The store operates under its own branding and benefits from strong landlord support. The franchise operates through a licensed model with no royalty payments, only a reasonable fixed monthly licensing fee.Business Highlights:* Open 24 hours* Located within a student residence in Kitchener* Automated retail model with flexible operating structure* Ability to operate as automated or traditional storefront* Potential future revenue expansion through OLG and liquor machine opportunities currently under discussion* Low monthly rent of approximately $3,000 including HST and TMI* Sales approximately $16,000-$18,000 per month during winter and $11,000-$14,000 per month during summer* Strong margins ranging approximately from 50%-70%* Inventory included in the purchase priceThe business is priced competitively for a quick sale. Financial information will be provided to qualified purchasers following execution of an NDA and verification of buyer credibility/proof of funds.Additional one-time licensing fee of $20,000 payable upon purchase in addition to the acquisition price.