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 Details
- Community:
- Property Type: Tenant/Commercial
- Garages: Plaza
- Annual Property Taxes : $ 11263.56
Building Features
- Parking Type : Plaza
Features
- Heating : Gas Forced Air Closed
Listing Contracted With: AIMHOME REALTY INC.
