87 Kent Street, Port Colborne, ON L3K 2Z6
Port Colborne , L3K 2Z6
$110,000.00
Commercial
Property Details
| MLS Number | X13440634 |
| Property Type | Commercial |
| City | Port Colborne |
| City Region | 878 - Sugarloaf |
| Postal Code | L3K 2Z6 |
| Cross Street | King/Main |
| Street Number | 87 |
| Street Name | Kent |
| Lot Width | 47.5 ft |
| Lot Depth | 66.72 ft |
| Annual Tax | $5,850.00 |
| Occupant Type | Owner |
Description
Jasmine's Variety - No Franchise Fees and no long-term lease Option. Located in the heart of Jasmine's Variety - No Franchise Fees and no long-term lease Option. Located in the heart of same owners for over 21 years. Annual store sales are approximately $300,000 (excluding Lotto), with seasonal flower sales exceeding $20,000 annually and strong profit margins. Lotto commission is approximately $32,000 per year, which effectively covers the current occupancy cost of approximately $3,200 per month including TMI and HST. Additional income is generated through Bitcoin and ATM commissions, helping offset other operating expenses. The property features over 2,000 sq. ft. of retail space and 8 parking spaces. Excellent growth potential by adding Vape products, U-Haul, courier services, MoneyGram, and other complementary services. Ideal opportunity for an owner-operator, family business, or investor seeking a profitable operation with multiple income streams. Financial statements available to qualified buyers upon request. Don't miss this exceptional opportunity.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads