Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in a convenient plaza within minutes of the University of Waterloo. Large 3020 sq ft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn). Lotto Comn $2400/Month, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I.All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat 7.30-9.30, Sun 8-8.Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024) (id:4069)
Address
347 ERB STREET W
List Price
$563,900
Property Type
Business
Transaction Type
Sale
Area
Ontario
Sub-Area
Waterloo
Lot Size
250.9 x 195.41 FT Sq. Ft.
MLS® Number
X12500618
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Postal Code
N2L1W4
Zoning
Commercial
