H-30 Rymal Road E , Hamilton, ON L9B 1T7
Hamilton, ON L9B 1T7
Description
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. Additionally, the ATM and Bitcoin contribute $500 monthly. 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!
Details
| MLS# | H4200352 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | Re/Max Real Estate Centre Inc. | Agna Patel |
Features
| Units | 1 |
|---|---|
| Water Front | Yes |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L9B 1T7 |
| Area | Allison |
| Community Name | Allison |
| Listing VS Median (in Allison) | |
Price: $249,999 low | high Med: $919,000 On Site: 91 low | high Med: 49.000000 | |