Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

4396 King Street 102, Kitchener, ON N2P 2G4 (Sportworld Dr/King St E)
$ 139000 - MLS : X12603180

From Our Gallery

Description

High margin convenience store located in a busy plaza, together with Tim Hortons , Subway, Factory burger, True north weed shop, 2001 video audio at same plaza. Weekly sales $9,000. Within this $9,000, cigarettes portion is 55% with profit Margin is15% , grocery 45% with 50% margin. Lotto commission monthly $2,000, ATM commission $200 a month, Bitcoin $350 a month, other rebates & ads income $100 monthly, has alcohol license. Rent $5,600 all inclusive ( tmi & water), hydro $550, internet & phone $150, alarm $30, insurance $250 , others $50. Lease until May 31, 2030, with + 5+5 options. Net income: $90,000 a year (salary included).

Location Description

Sportworld Dr/King St E

Property Detail

Community:
Property Type: Tenant/Commercial
Garages: Plaza
Annual Property Taxes : $ 11263.56

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Plaza

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: AIMHOME REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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