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. 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! |
Price | $249,999 |
Taxes: | $0.00 |
Tax Type: | T.M.I. |
Occupancy by: | Owner |
Address: | 30 Rymal Rd East , Unit H, Hamilton, L9B 1T7, Ontario |
Apt/Unit: | H |
Postal Code: | L9B 1T7 |
Province/State: | Ontario |
Directions/Cross Streets: | Upper James & Rymal |
Category: | Without Property |
Use: | Convenience/Variety |
Building Percentage: | N |
Total Area: | 1800.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1800 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | N |
Days Open: | 7 |
Hours Open: | 8AM - 1 |
Employees #: | 2 |
Seats: | 0 |
LLBO: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX REAL ESTATE CENTRE INC. |
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Type: | Com - Sale Of Business |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Allison |