Don't miss out on this well-established convenience store and vape shop located in a high-traffic area on Rymal Rd. E. near Upper James St. Situated in a bustling plaza next to McDonald's, this profitable business boasts strong sales in confectioneries, drinks, and high-volume lotto sales, with an average monthly commission of $3,500. It generates $18,000 monthly from the vape store and $19,000 monthly from the convenience store. Additionally, the ATM and Bitcoin contribute $500 monthly. Looking ahead, the potential for growth is substantial, particularly with extended business hours and the anticipated liquor license starting in September 2024, which will introduce a lucrative new revenue stream. The remaining lease is valid until November 30, 2025, with two 5-year renewal options. Monthly rent plus TMI is $5,900 plus HST. This business offers lots of potential for further growth and profitability. Please do not go direct. Take advantage of this incredible business opportunity today! (id:58043)
BusinessType | Retail and Wholesale |
BusinessSubType | Convenience store |
MLS® Number | X9041873 |
Property Type | Business |
Community Name | Allison |
AmenitiesNearBy | Highway, Public Transit |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 1800 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway, Public Transit |
Sewer | Sanitary Sewer |
ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/27179847/h-30-rymal-road-e-hamilton-allison-allison
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Agna Patel
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