124 Hoffman Street, Kitchener, Ontario N2M 3N1

Listed for:
$225,000
0 beds
0 baths
Listed 7 days ago
124 Hoffman Street, Kitchener, Ontario N2M 3N1

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Learn more about this property
Listing provided by:
HOMELIFE/MIRACLE REALTY LTD
MLS® number:
X12631342
Agent:
Dev Shah
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About

Cross Streets: Kehl St/ Hoffman St. ** Directions: Turn Right on Hoffman St. Onway Mart in Kitchener is For Sale. Located in a high-traffic residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Excellent business with good sales, long lease, and huge growth potential. Convenience Store Weekly Sales: Approx. $10,000 to $12,000, Other Sales Portion: Approx. 70% to 75%, Tobacco Sales Portion: Approx. 25% to 30%, Lotto Commission: Approx. $3,500/m, U-Haul Commission: $1,000/m, ATM Revenue: $300/m, Bitcoin Revenue: $300/m. Rent including TMI & HST: $5,500/m. Lease Term: 5 + 5 years. Store Area: 1800 sq ft. Additional potential to expand Vape Store operations and introduce more services to increase revenue further. (id:27476)

Property Highlights

MLS® Number
X12631342
Type
Business

Building

Square Footage
1800 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location