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$249,999
Status:
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!
| Property Type | :Business Opportunity |
|---|---|
| MLS Number | :XH4200352 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :16 Oct, 2024 (179 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Hamilton |
|---|---|
| City | :Hamilton |
| Area Major | :18 - Hamilton Mountain |
| Area Minor | :188 - Allison |
| Postal Code | :
L9B 1T7
|
| Directions | :Upper James street-> Rymal Road east |
| Price | : $249,999 |
|---|---|
| Property Taxes | :$0 |
| Tax Year | :2023 |
|---|
| Heating | :Gas Forced Air Open |
|---|---|
| Cross Street | :Upper James/Rymal |
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :1800 sqft |
03 Oct, 2024
TREB #XH4200352
Listed
$249,999
