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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Kitchener Pioneer Tower Pioneer Tower East
102 - 4396 KING STREET
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102 - 4396 KING STREET $139,000
$139,000
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102 - 4396 KING STREET
Kitchener, Ontario N2P2G4

MLS® Number: X12603180

Listing Description

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). (41768002)

Location Description

Sportworld Dr/King St E

Property Summary

Property Type
Business
Annual Property Taxes
$11,263.56
Time on REALTOR.ca
10 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Convenience store)

Land

Other Property Information
Zoning Description
Commercial
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