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Listed by Agna Patel • RE/MAX Real Estate Centre Inc.
$249,999
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale of Business
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1501 to 2000
MLS Listing ID H4200352
Property Sub-Type Sale of Business
Property Description
Don't miss out on this well-established convenience store and vape shop located in a high-traffic area on Rymal Rd. E. near Upper James St. Situated in a bustling plaza next to McDonald's, this profitable business boasts strong sales in confectioneries, drinks, and high-volume lotto sales, with an average monthly commission of $3,500. It generates $18,000 monthly from the vape store and $19,000 monthly from the convenience store. Additionally, the ATM and Bitcoin contribute $500 monthly. Looking ahead, the potential for growth is substantial, particularly with extended business hours and the anticipated liquor license starting in September 2024, which will introduce a lucrative new revenue stream. The remaining lease is valid until November 30, 2025, with two 5-year renewal options. Monthly rent plus TMI is $5,900 plus HST. This business offers lots of potential for further growth and profitability. Please do not go direct. Take advantage of this incredible business opportunity today!
Location
Province ON
County Hamilton
Direction Upper James street-> Rymal Road east
Interior
Heating Gas Forced Air Open
Exterior
Utilities Available Available
Waterfront Description None
Present Use CONVVARIETY
Building
Sewer Sanitary
Water Municipal
Others
SqFt Source LBO provided
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