Asking price:
CAD$350 000
Cash Flow (per year): $265 000 cad
Sales Revenue: $1 500 000 cad
Owner
Owner's representative
High Volume Vape And Convenience Store For Sale
Kitchener, Ontario, Canada, ID 152618
Сontact with me Owner's representative
Description
Business type: retail business
Location: Kitchener, Ontario
Current status: established operating business
Profitability: reported as profitable
Operating setup: turnkey
Financial information
Annual sales: $1.5 million
Average profit margin: 29%
Annual net income: approximately $265,000
Net income basis: after employee expenses
Premises
Store size: 1,890 sq. ft.
Location type: busy retail plaza
Location visibility: stated as excellent
Customer traffic: stated as high
Lease
Lease structure: 4.5 + 5 years remaining
Monthly base rent: $4,260
TMI: additional to base rent
HST: additional to base rent
Operations
Operating systems: established
Revenue stream: established
Potential buyers
- Owner-operators
- Retail operators
- Strategic buyers
- Investors
Details
Real Estate:
Lease
Asking price: 350 000 cad
Cash Flow (per year): 265 000 cad
Sales Revenue: 1 500 000 cad
Rent (per year): 51 120 cad
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