Amazing Location - Convenience Store In Kitchener
Open 24 hours. Franchised convenience store located in a student residence in Kitchener. Hands Off automated store so you only are at the store when stocking up, receiving deliveries or doing inventory. OLG & Liquor machine in discussion. The store is under own branding. It can be run as automated or physical as you want it. Good support from landlord and Franchise is a licensed model so no royalties only a flat reasonable monthly fee. Low minumum rent of $3k including hst and TMI. Sales are roughly 16-18k a month in winter & 11-14k in summer with 50-70% margins. Price reasonably for a fast sale. Financials disclosed upon NDA/proff of funds credibility. Price inclusive of all inventory. Additonal one time 20k licensing fee to be paid on purchase price.
Location
Student building location
Real Estate
Lease
Relocatable
This business can be relocated
Trading Hours
24 hours
Management Type
This business is owner operated.
Years Established
1.5
Support & Training
Will be provided by franchisor.
Expansion Potential
Nice margins and constant new stock variety. Liquor & OLG in discussion. Daily needs and produce will bring in more traffic.
Size In Square Feet
600
Competition / Market
None nearby
Inventory / Stock Value
$25,000 (CAD) - included in the asking price
Reason for Selling
Moving provinces
Financials
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