$179,000
Available - For Sale
Listing ID: X13141218
1120 Victoria Street North , Kitchener, N2B 3T2, Waterloo
| 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. |
| Price | $179,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 1120 Victoria Street North , Kitchener, N2B 3T2, Waterloo |
| Postal Code: | N2B 3T2 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Victoria Street N / Conestoga PKWY |
| 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 |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Total Area: | 1942.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Monday, |
| Employees #: | 2 |
| Seats: | 2 |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REAL ESTATE CENTRE INC. |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Fireplace: | N |
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