Unit# 2 - 499 Lancaster Street W, Kitchener, Ontario N2K 1L8

Listed for:
$249,000
0 beds
0 baths
Listed 4 days ago
Unit# 2 - 499 Lancaster Street W, Kitchener, Ontario N2K 1L8

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About

Cross Streets: Lancaster st. & Bridgeport rd. ** Directions: west. WELL-ESTABLISHED CONVENIENCE STORE + FLOWER SHOP - EXCELLENT BUSINESS OPPORTUNITY! Be Your Own Boss with this Unique & Excellent opportunity to own a nicely set-up, comfortable, and easy-to-operate business generating approximately $525,000 in annual sales, with a highly diversified revenue mix of approximately 40% flowers, 20% cigarettes, 20% liquor, and 20% grocery. The strong 40% flower sales component provides an attractive higher-margin revenue stream, supported by an established online ordering and delivery system and no direct competition. Cigarette sales represent only approximately 20% of total sales, reducing reliance on tobacco revenue. Lotto Commission $1700/Month, Other Income $350-$400/Month. The business offers steady sales and income, affordable rent of approximately $3,273/month including TMI & HST, and a 2-year lease plus 5-year option. Ideal for a couple or owner-operator, with full training provided by the seller for a smooth transition. Inventory is extra. Seller's Discretionary Income $13000/Month. (id:27476)

Property Highlights

MLS® Number
X13660792
Type
Business

Building

Square Footage
911 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

Learn more about this property
Listing provided by:
RE/MAX ULTIMATE REALTY INC.
MLS® number:
X13660792
Agent:
Hiren Bharucha
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