Size
1800 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqm
$1,497
Taxes
-
Parking Type
Other
Style
-
See what's nearby
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!
Broker: RE/MAX Real Estate Centre Inc.
MLS®#: H4200352
Property details
Parking:
No
Parking type:
Other
Property type:
-
Heating type:
Gas Forced
Style:
-
MLS Size:
167 sqm
Listed on:
Jul 16, 2024
Show all details
Instant estimate:
orto view instant estimate
$10,214
lower than listed pricei
High
$257,711
Mid
$239,785
Low
$200,792