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$ 225,000
Est. payment /mo
Pending
124 Hoffman ST Kitchener, ON N2M 3N1
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
MLS Listing ID X12631342
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Onway Mart in Kitchener is For Sale. Located in a high-traffic residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Excellent business with good sales, long lease, and huge growth potential. Convenience Store Weekly Sales: Approx. $10,000 to $12,000, Other Sales Portion: Approx. 70% to 75%, Tobacco Sales Portion: Approx. 25% to 30%, Lotto Commission: Approx. $3,500/m, U-Haul Commission: $1,000/m, ATM Revenue: $300/m, Bitcoin Revenue: $300/m. Rent including TMI & HST: $5,500/m. Lease Term: 5 + 5 years. Store Area: 1800 sq ft. Additional potential to expand Vape Store operations and introduce more services to increase revenue further.
Location
Province ON
County Waterloo
Area Waterloo
Zoning C1
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Building
Lot Description Unit
Lited by HOMELIFE/MIRACLE REALTY LTD
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