UNIT# 2 - 499 LANCASTER STREET W
Kitchener, Ontario
MLS® X13660792
$249,000
- Status
- Active
- Property type
- Business
- MLS® number
- X13660792
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 11Listing description
WELL-ESTABLISHED CONVENIENCE STORE + FLOWER SHOP - EXCELLENT BUSINESS OPPORTUNITY! Be Your Own Boss with this Unique & Excellent opportunity to own a nicely set-up, comfortable, and easy-to-operate business generating approximately $525,000 in annual sales, with a highly diversified revenue mix of approximately 40% flowers, 20% cigarettes, 20% liquor, and 20% grocery. The strong 40% flower sales component provides an attractive higher-margin revenue stream, supported by an established online ordering and delivery system and no direct competition.
Cigarette sales represent only approximately 20% of total sales, reducing reliance on tobacco revenue. Lotto Commission $1700/Month, Other Income $350-$400/Month. The business offers steady sales and income, affordable rent of approximately $3,273/month including TMI & HST, and a 2-year lease plus 5-year option.
Ideal for a couple or owner-operator, with full training provided by the seller for a smooth transition. Inventory is extra. Seller's Discretionary Income $13000/Month.
Property summary
- MLS® number
- X13660792
- Property type
- Business
- Leasable Area
- 911 sq ft
- Days on market
- 48 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $249,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ULTIMATE REALTY INC., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.