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Busy Convenience Store with potential to add Vape For Sale

Kitchener, Ontario, Canada, ID 243320

Busy Convenience Store with potential to add Vape For Sale 1
Busy Convenience Store with potential to add Vape For Sale 1
Asking price:
CAD$99 000
Cash Flow (per year): $90 000 cad
Sales Revenue: $108 000 cad
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Description

Convenience Store OpportunityIncome:Weekly sales: approximately $9,000.Grocery income: approximately $10,400/month.Cigarette income: approximately $2,400/month.Lotto commission: approximately $1,800/month.ATM commission: approximately $200/month.Bitcoin income: approximately $350/month.Other rebates and advertising income: approximately $100/month.Expenses:Rent: $5,600/month all-inclusive (TMI and water included).Hydro: $550/month.Internet and phone: $150/month.Alarm: $30/month.Insurance: $250/month.Other expenses: $50/month.Net income: approximately $90,000/year (salary included).Business Highlights:High-margin store in a busy location.Lease in place until May 31, 2030, with additional 5+5 renewal options.Located in a plaza with Tim Hortons, Subway, Factory Burger, True North Weed Shop, and 2001 Video Audio.Lotto license included.Noveda open tickets license included.Alcohol license included.

Details

Real Estate: Lease
Asking price: 99 000 cad
Cash Flow (per year): 90 000 cad
Sales Revenue: 108 000 cad
Rent (per year): 67 200 cad

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