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1401 River Road E , #1

Kitchener, ON N2A 3X9
  • $379,000
  • STATUS: Active
  • ON SITE: 155 Days
  • MLS #: 40443897
$379,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:
Waterloo

Description

Established High Sales Volume Convenience Store in Kitchener, ON is For Sale. Located at the busy intersection of Fairway Rd N/River Rd E. High Traffic Area and Popular Convenience Store. Surrounded by fully residential neighborhood, schools, close to Chicopee Park and more. Excellent Business with High Sales Volume, Long Lease and more. Weekly Sales: Approx. $15,000/weekly, Tobacco Sales Portion: Approx. 55%, Grocery Sales Portion: Approx. 45%, Lotto Commission: Approx. $3500 - 3600/monthly, Vape Store: $2500-2800/weekly and growing. (Opened in March and lot of potential to grow), ATM Revenue: $400/m, Bitcoin Revenue: $350/m + $1/per transaction, Advertising: $60/monthly, Rent: $6043/m including TMI, Lease: Existing 5 + 5 Years option to renew, Utility: Approx. $500-700/m, Store Area: Approx. 2700sqft.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-11-29T00:22:15.303.
www.fishmangroup.ca/homes/140919112
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1401 River Road E , #1 Kitchener, ON N2A 3X9

  • Price: $379,000
  • Status: Active
  • On Site: 155 Days
  • MLS #: 40443897
0
Beds
0
Baths
0
½ Baths
N/A
Acres
County:
Waterloo
Property Description
Established High Sales Volume Convenience Store in Kitchener, ON is For Sale. Located at the busy intersection of Fairway Rd N/River Rd E. High Traffic Area and Popular Convenience Store. Surrounded by fully residential neighborhood, schools, close to Chicopee Park and more. Excellent Business with High Sales Volume, Long Lease and more. Weekly Sales: Approx. $15,000/weekly, Tobacco Sales Portion: Approx. 55%, Grocery Sales Portion: Approx. 45%, Lotto Commission: Approx. $3500 - 3600/monthly, Vape Store: $2500-2800/weekly and growing. (Opened in March and lot of potential to grow), ATM Revenue: $400/m, Bitcoin Revenue: $350/m + $1/per transaction, Advertising: $60/monthly, Rent: $6043/m including TMI, Lease: Existing 5 + 5 Years option to renew, Utility: Approx. $500-700/m, Store Area: Approx. 2700sqft.
Exterior Features

Crops Included YN No Docking YN No Garage YN No Waterfront YN No

Interior Features

Cooling YN No Fireplace YN No Kitchens Total 0

Property Features

Association Fee2 Frequency Monthly Business Name Big Bear Food Mart Business Type Convenience/Variety Common Interest Other Cross Street Fairway Rd N/River Rd E. Franchise YN Yes New Construction YN No Property Sub Type Commercial Senior Community YN No Transaction Type Sale Zoning Commercial

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Dev Shah of Homelife Miracle Realty Ltd..
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-11-29T00:22:15.303.
 
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St. Catharines ON, L2M 0B3