$225,000
Available - For Sale
Listing ID: X12631342
124 Hoffman Street , Kitchener, N2M 3N1, Waterloo


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.
Price $225,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 124 Hoffman Street , Kitchener, N2M 3N1, Waterloo
Postal Code: N2M 3N1
Province/State: Waterloo
Directions/Cross Streets: Kehl St/ Hoffman St
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
Building Percentage: F
Total Area: 1800.00
Total Area Code:  Square Feet
Retail Area Code: %
Business/Building Name: Onway Mart Convenience
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7 am to
Employees #: 1
Seats: 0
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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.
HOMELIFE/MIRACLE REALTY LTD
Personal Picture
Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
 
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At a Glance:
Type: Com - Sale Of Business
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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