20
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$209,000
Est. payment /mo
1 Bath
Active
8 King ST E Kitchener, ON N2G 2K6
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13060050
Annual Tax Amount $285
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Excellent opportunity to acquire a well-established Essentialy Convenience Store located at the high-visibility intersection of King Street & Queen Street in downtown Kitchener. This store is located next to Tim Hortons, offering AAA+ location with exceptional exposure, very high visibility, and benefiting from a very, very busy street with continuous pedestrian and vehicular traffic.The area experiences significant footfall year-round, with numerous events taking place during summer and fall seasons, further driving customer traffic and sales potential. The business enjoys a strong community presence along with a loyal base of repeat customers.The store operates as a true one-stop shop, offering a wide range of products including beer, wine, cigarettes, lotto, vape products, and weed accessories. The business holds a valid vape license, with vape recently added as an additional revenue stream, enhancing growth opportunities.Recent upgrades include new flooring and fresh paint, providing a clean and modern retail environment. Additional income streams include ATM revenue plus Bitcoin revenue of approximately $300/month combined.The store also benefits from premium supplier accounts with major brands such as Pepsi, Red Bull, and tobacco vendors, ensuring strong product availability and margins. Revenue streams include beer sales, cigarette sales, convenience retail, and strong lotto commissions (approximately $12,948 lotto).Low rent of only $2,486/month including TMI and HST makes this a highly attractive and sustainable operation. Main Street grant and Façade grant also available.
Location
Province ON
County Waterloo
Area Waterloo
Interior
Cooling Partial
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Available
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 SKYLARK REAL ESTATE LTD.
Nearby Locations
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