Convenience/variety Store In Kitchener, Ontario For Sale

Description

Business type: convenience store

Location: King Street and Queen Street, downtown Kitchener, Ontario

Current status: established operating business

Location position: next to Tim Hortons

Financial information

Monthly rent: $2,486

TMI: included in stated rent

HST: included in stated rent

Monthly lotto commissions: approximately $12,948

Combined ATM and Bitcoin revenue: approximately $300 per month

Products

• Convenience retail products
• Beer
• Wine
• Cigarettes
• Lotto products
• Vape products
• Cannabis accessories

Revenue channels

• Convenience retail sales
• Beer sales
• Wine sales
• Cigarette sales
• Vape product sales
• Lotto commissions
• ATM revenue
• Bitcoin-related revenue

Licensing

Vape licence: in place

Vape sales: recently added

Regulated product sales: subject to applicable licensing and legal requirements

Customers and market

Customer base: established

Repeat customers: established

Community presence: established

Pedestrian traffic: stated as continuous

Vehicle traffic: stated as continuous

Seasonal traffic increases: summer and fall events

Premises

Location visibility: high

Retail exposure: strong

Flooring: recently replaced

Interior paint: recently refreshed

Retail environment: clean and modern

Suppliers

Supplier relationships: established

Pepsi relationship: established

Red Bull relationship: established

Tobacco distributor relationships: established

Expansion options

• Increase vape sales
• Increase convenience retail sales
• Increase event-related seasonal sales
• Expand complementary product categories

Further information

Main Street grant: may be available

Facade grant: may be available