585 Weber Street N, Waterloo, Ontario

About 585 Weber Street N

Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $80,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential. (id:6289)

More Info on this MLS® listing

585 Weber Street N is a listing for sale in Waterloo. The MLS® number is X13613914. It features 1 bathroom and covers 2,000 square feet. It's currently listed for $449,000. For more details on MLS® X13613914, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Waterloo is available now!

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