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$449,000

Ontario,Hamilton (Homeside)

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146 KENILWORTH AVENUE N, Hamilton (Homeside), Ontario L8H4R8

2,500 Sqft

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Description

Exceptional opportunity to own a high-volume convenience store with a separate VAPE business in a prime free-standing location. Successfully operating for over 28 years, this well- established business is located on a high-traffic street with excellent visibility, ample customer parking, and a loyal customer base. Average weekly convenience store sales exceed $18, 500 (excluding Lotto sales), with grocery products accounting

for the majority of revenue. The VAPE store generates additional income, making this a highly profitable operation. Additional revenue includes approximately $3, 400/month in Lotto commission, approximately $900/month from ATM and Bitcoin commissions, and over $600/month from U-Haul rentals. A new lease with 5 + 5 + 5-year renewal options will be provided, offering excellent long-term security. Bonus Opportunity: A fully equipped restaurant space with equipment and city permits already in place is ready for a Mexican take-out, Indian snack shop, or other food concept, providing an excellent opportunity to increase sales and profits. Additional income opportunities are ready to be added, including: Courier Services, Money Transfer Services. Scoop Ice Cream, Extend business hours to 24-hour operation. This is a rare turnkey business with multiple established income streams, proven profitability, and outstanding growth potential. Ideal for owner-operators, families, or investors looking to acquire a successful business with immediate upside. (id:62650)

Basic Details