$288,000
Available - For Sale
Listing ID: X12751754
535 Upper Wellington Street , Hamilton, L9A 3P7, Hamilton
| The store is located steps from a major bus stop and offers ample street parking. It is with in walking distance of several schools, a community center, and popular restaurants, making it easily accessible for both residents and commuters. Average monthly revenue is approximately$40,000, with 65% generated from cigarette sales and 35% from groceries. Revenue has shown consistent growth over the past year, largely due to increased neighborhood traffic. Additional monthly income streams include a lottery commission of $5,500, Bitcoin transactions averaging $300, and ATM usage bringing in $150. Alcohol sales contribute a net monthly income of $1000. Rent is $6,000 per month, which includes TMI (Taxes, Maintenance, and Insurance)and HST. The shop is designed for easy, one-person operation, requiring only a single staff member during most business hours. Inventory management is streamlined, and payment systems are automated, allowing daily operations to be handled efficiently. Training can typically be completed in under two weeks, making this an excellent opportunity for a small family or for new immigrants seeking their first business venture. Located in a high-traffic area, the store is just steps away from a major bus stop and offers ample street parking. It is within walking distance of several schools, a community Centre, and popular restaurants, ensuring accessibility for residents and commuters alike. The business is also busy with courier services, providing additional customer flow. The property features a long lease term (4 + 5 +5 + 5 years), and there is significant potential to expand services, with options such as a vape store, key cutting, and butane tank sales already approved. Furthermore, a new Condominium will open directly across from the store next year, which is expected to significantly increase the customer base |
| Price | $288,000 |
| Taxes: | $0.00 |
| Tax Type: | N/A |
| Occupancy: | Tenant |
| Address: | 535 Upper Wellington Street , Hamilton, L9A 3P7, Hamilton |
| Postal Code: | L9A 3P7 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | Upper Wellington St.& Queensdale Ave E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Building Percentage: | F |
| Total Area: | 2135.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Business/Building Name: | BIG BEE CONVENIENCE & FOODMART |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 12 hour |
| Employees #: | 2 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Inch Park |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples