347 Erb Street W, Waterloo, ON N2L 1W4

Waterloo N2L 1W4 Ontario

MLS: X12500618

$563,900

Added 18 hours ago | For Sale

Listed by: ROYAL LEPAGE IGNITE REALTY

About Property

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in a convenient plaza within minutes of the University of Waterloo. Large 3020 sq ft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn). Lotto Comn $2400/Month, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I.All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat 7.30-9.30, Sun 8-8.Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024)

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 250.9 X 195.41
  • Water:Municipal
  • Garage Spaces: /Plaza
  • Driveway:
  • Heating Fuel:
  • Cross Street:Erb St + Amos Ave
  • Basement: ,
  • Possession Date:tba
  • Annual Property taxes: $2023
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12500618

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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