Convenience/variety Store In Kitchener, Ontario For Sale

Description

Kitchener Convenience Store for SaleNext to Tim HortonsExcellent opportunity to acquire a well established essential convenience store located at the high visibility intersection of King Street and Queen Street in downtown Kitchener. The business benefits from an AAA+ location with exceptional exposure, strong visibility, and continuous pedestrian and vehicular traffic.The store is positioned next to Tim Hortons, contributing to consistent customer flow and strong daily foot traffic. The surrounding area experiences significant activity year round, with additional increases during summer and fall events, further supporting sales performance and growth potential.The business maintains a strong community presence with a loyal base of repeat customers. It operates as a one stop shop offering a wide range of products including beer, wine, cigarettes, lotto, vape products, and cannabis accessories.The store holds a valid vape license, with vape recently added as an additional revenue stream, supporting further expansion opportunities. Recent upgrades include new flooring and fresh paint, resulting in a clean and modern retail environment.Additional income streams include ATM revenue and Bitcoin revenue of approximately 300 dollars per month combined. The store also benefits from established supplier relationships with major brands such as Pepsi, Red Bull, and tobacco distributors, ensuring strong product availability and stable margins.Revenue streams include beer sales, cigarette sales, convenience retail, and strong lotto commissions of approximately 12948 dollars per month. Low rent of only 2486 dollars per month including TMI and HST makes this a highly attractive and sustainable operation. Main Street grant and facade grant may also be available.