Exceptional opportunity to acquire a high-performing convenience store in one of Kitchener's busiest commercial corridors at 1120 Victoria St N. Strategically positioned in a high-traffic plaza surrounded by established national retailers including Tim Hortons, McDonald's, popular pubs, and other major businesses, this location benefits from strong daily vehicle and foot traffic along Victoria Street North with quick access to Highway 85 and nearby residential neighbourhoods.This well-established business operates from an approximately 1,942 sq. ft. premises. Current base rent is $2,917/month plus TMI and HST. An additional office space is also included, offering flexibility for owner use or potential sublease income.Strong sales generating over $800,000 in annual gross revenue with approximate gross profit of $180,000 per year. The business continues expanding its product mix with the addition of party supplies, party rental inventory, and a growing selection of South Asian grocery products, helping attract a wider customer base and increase repeat clientele.Turnkey operation ideal for owner operators, families, or investors seeking a stable and proven business in a rapidly growing area of Kitchener.Please do not go direct or speak with employees or staff regarding the sale of the business. (id:4069)
Address
6 - 1120 VICTORIA STREET N
List Price
$179,000
Property Type
Business
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Floor Area
1,942 Sq. Ft.
MLS® Number
X13141218
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Postal Code
N2B3T2
Zoning
L1
