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Sanjiv & Poonam Puri

Broker
Ipro Realty Ltd., Brokerage Independently owned and operated. 503-55 City Centre Dr., Mississauga, Ontario L5B1M7 Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020

$299,000
Available - For Sale
Listing ID: X9011702
280 Lancaster St West , Kitchener, N2H 4V3, Ontario


Location, Location, and Potential! This independent convenience store is perfectly situated on the main road of a residential area, ensuring a steady flow of customers throughout the day. The business enjoys a favorable environment with minimal competition in the surrounding area, making it an ideal opportunity for an aspiring entrepreneur. With a well-established customer base and significant growth potential, this convenience store presents a rare opportunity for anyone looking to enter or expand in the retail market. Don't miss your chance to own a thriving business in a prime location (1,800 sqft, Weekly Sales approximately $14K, Cigarettes portion 55% (13% margin), Lottery Commission $45K (2023) increasing, New Lease Available (5+5), Rent $6,000/month(including TMI, HST), Utilities $1,000/month, Walk-In Cooler installed recently, convertible for beer).
Price $299,000
Taxes: $0.00
Tax Type: N/A
Occupancy by: Own+Ten
Address: 280 Lancaster St West , Kitchener, N2H 4V3, Ontario
Postal Code: N2H 4V3
Province/State: Ontario
Lot Size: 115.30 x 185.92 (Feet)
Directions/Cross Streets: Lancaster, Cliffton
Category: Without Property
Use: Convenience/Variety
Building Percentage: Y
Total Area: 1800.00
Total Area Code:  Sq Ft
Retail Area: 1800
Retail Area Code: Sq Ft
Business/Building Name: Sunny's Mart
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 14
Employees #: 2
Seats: 0
LLBO: N
Heat Type: Other
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX TWIN CITY REALTY INC.
Personal Picture
Sanjiv & Poonam Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
Neighbourhood:
Style:
Lot Size: 115.30 x 185.92(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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