$444,988 +stock FOR SALE

Business for Sale

Convenience/Variety

Total Area: 3,020 ft2
2023 Taxes: $2,023

347 Erb St W
Waterloo, ON N2L 1W4

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in convenient plaza within minutes of University of Waterloo. Large3020 Sqft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn).Lotto Comn $2400/Mth,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-Sat7.30-9.30,Sun 8-8.

Extras
All business details are provided by seller. The listing broker has not verified accuracy. Buyers can conduct due diligence after conditional offer is accepted.

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Listed By ROYAL LEPAGE IGNITE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8253754
Last Updated Apr 19, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Category Without Property
Legal Description PT LT 10-11 PL 496 CITY OF WATERLOO PTS 22 & 23, 5
Occupancy Owner
Possession Date TBA
Taxes (2023) $2,023
Tax Type Annual
Directions/Cross Streets Erb St + Amos Ave
Area Waterloo
Price History
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Detailed Information
Freestanding N
Retail Area 3,020 ft2
Total Area 3,020 ft2
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 7:30-10
LLBO N
Employees 2
Heat Type Gas Forced Air Closd
Financial Statement Y
Seats 1
Utilities A
Water Municipal
UFFI No
Lot/Bldg/Unit Code Lot
Zoning Commercial
Seller Property Info Statement N

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