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Home ON Kitchener - Cambridge - Waterloo Kitchener Southdale
124 HOFFMAN STREET
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124 HOFFMAN STREET $225,000
2 days ago
$225,000
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124 HOFFMAN STREET
Kitchener, Ontario N2M3N1

MLS® Number: X12631342

Listing Description

Onway Mart in Kitchener is For Sale. Located in a high-traffic residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Excellent business with good sales, long lease, and huge growth potential. Convenience Store Weekly Sales: Approx. $10,000 to $12,000, Other Sales Portion: Approx. 70% to 75%, Tobacco Sales Portion: Approx. 25% to 30%, Lotto Commission: Approx. $3,500/m, U-Haul Commission: $1,000/m, ATM Revenue: $300/m, Bitcoin Revenue: $300/m. Rent including TMI & HST: $5,500/m. Lease Term: 5 + 5 years. Store Area: 1800 sq ft. Additional potential to expand Vape Store operations and introduce more services to increase revenue further. (41815863)

Location Description

Cross Streets: Kehl St/ Hoffman St. ** Directions: Turn Right on Hoffman St.

Property Summary

Property Type
Business
Annual Property Taxes
$0
Time on REALTOR.ca
2 days

Building

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

Measurements

Square Footage
1800 sqft

Land

Other Property Information
Zoning Description
C1
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HOMELIFE/MIRACLE REALTY LTD
Brokerage
905-624-5678
905-624-5677
647-807-2628
647-807-2628
DEV SHAH