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$179,000
Available - For Sale
Listing ID: X13141218
Exceptional opportunity to acquire a high-performing convenience store in one of Kitchener's busiest commercial corridors at 1120 Victoria St N. Strategically positioned in a high-traffic plaza surrounded by established national retailers including Tim Hortons, McDonald's, popular pubs, and other major businesses, this location benefits from strong daily vehicle and foot traffic along Victoria Street North with quick access to Highway 85 and nearby residential neighbourhoods.This well-established business operates from an approximately 1,942 sq. ft. premises. Current base rent is $2,917/month plus TMI and HST. An additional office space is also included, offering flexibility for owner use or potential sublease income.Strong sales generating over $800,000 in annual gross revenue with approximate gross profit of $180,000 per year. The business continues expanding its product mix with the addition of party supplies, party rental inventory, and a growing selection of South Asian grocery products, helping attract a wider customer base and increase repeat clientele.Turnkey operation ideal for owner operators, families, or investors seeking a stable and proven business in a rapidly growing area of Kitchener.Please do not go direct or speak with employees or staff regarding the sale of the business.
Price $179,000
Taxes: $0
Tax Type: Annual
Occupancy by: Owner
Address: 1120 Victoria Street North , Kitchener, N2B 3T2, Waterloo
Postal Code: N2B 3T2
Province/State: Waterloo
Directions/Cross Streets: Victoria Street N / Conestoga PKWY
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Convenience/Variety
Total Area: 1,942
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Monday,
Employees #: 2
Seats: 2
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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RE/MAX REAL ESTATE CENTRE INC.

1120 Victoria Street North , Kitchener, N2B 3T2, Waterloo

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Maintenance Fee: $0
Beds: 0
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Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908