124 Hoffman Street

Kitchener, N2M 3N1
FOR SALE
$225,000
124 Hoffman Street, Kitchener
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
124 Hoffman Street
Sale Of Business
CATEGORY
1,800 Sq Ft
TOTAL AREA
X12631342
MLSID
Contact Us
Property Description
Onway Mart in Kitchener is For Sale. Located in a high-traffic residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Excellent business with good sales, long lease, and huge growth potential. Convenience Store Weekly Sales: Approx. $10,000 to $12,000, Other Sales Portion: Approx. 70% to 75%, Tobacco Sales Portion: Approx. 25% to 30%, Lotto Commission: Approx. $3,500/m, U-Haul Commission: $1,000/m, ATM Revenue: $300/m, Bitcoin Revenue: $300/m. Rent including TMI & HST: $5,500/m. Lease Term: 5 + 5 years. Store Area: 1800 sq ft. Additional potential to expand Vape Store operations and introduce more services to increase revenue further.
Property Details
Address
124 Hoffman Street
Postal Code
N2M 3N1
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
C1
Total Area
1,800 Sq Ft
Retail Area
100
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Homelife/Miracle Realty Ltd
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
195970297