102 - 4396 KING STREET, Kitchener, Ontario, CA

Address: 102 - 4396 KING STREET, Kitchener, Ontario

0 Beds0 Baths0 sqftStatus: Buy
Price $139,000

Property Overview


High margin convenience store located in a busy plaza, together with Tim Hortons , Subway, Factory burger, True north weed shop, 2001 video audio at same plaza. Weekly sales $9,000. Within this $9,000, cigarettes portion is 55% with profit Margin is15% , grocery 45% with 50% margin. Lotto commission monthly $2,000, ATM commission $200 a month, Bitcoin $350 a month, other rebates & ads income $100 monthly, has alcohol license. Rent $5,600 all inclusive ( tmi & water), hydro $550, internet & phone $150, alarm $30, insurance $250 , others $50. Lease until May 31, 2030, with + 5+5 options. Net income: $90,000 a year (salary included). (id:51532)

 

Tags




Property Summary
Property Type
Business
Building
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air
Utilities
Water
Municipal water
Land
Other Property Information
Zoning Description
Commercial
Features
           Fully air conditioned
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Your Home Finance Calculation

Property Price CA $139,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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