>UNIT# 2 - 499 LANCASTER STREET W, KITCHENER, ON N2K 1L8
$249,000
Unit# 2 - 499 Lancaster Street W, Kitchener, ON N2K 1L8
Business Opportunity
911 sq ft
Listed by REMAX Ultimate Realty Inc., Hiren Bharucha Hiren.Bharucha@remax.net, (647) 966-7313
Status: Active
MLS® #X13660792
Details for Unit# 2 - 499 Lancaster Street W, Kitchener, ON N2K 1L8
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. (id:31684)
QUICK OVERVIEW
$273 / Sq Ft
Forced Air, Natural Gas
61 days on website
BUILDING AND CONSTRUCTION
Property Sub Type
Business
Property Type
Business Opportunity
EXTERIOR AND LOT
Zoning Description
Commercial Retail
UTILITIES
Heating
Forced Air, Natural Gas
Heating Y N
True
Water Source
Public
Price per square foot and days on website are not provided values and are calculated by REMAX.
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