Kitchener, ON N2E 2K2,340 Kingswood DR
$699,000
Est. payment /mo
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Pending

340 Kingswood DR Kitchener, ON N2E 2K2

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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Pending

Purchase Type For Sale

MLS Listing ID X11980044

Annual Tax Amount $1,800

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Very Profitable Mobil Gas Station Business in a busy area of Kitchener, Ontario. This family-oriented business offers a great opportunity with modern Wayne pumps providing all gasoline grades. Located in a high-density area with excellent road exposure, the station generates approximately 4.5 million in annual gas volume. Yearly Inside revenue between $850K to $900K includes 40-45% from grocery sales (35%), 40-50% from tobacco (13%), Avg. 8% in lotto commissions. Additional revenue from ATM, Bitcoin, Propane, Towels, etc. Potential growth area to add Beer/Wine. Most attractive low rent of approx. $11K Per month (incl. TMI, HST, Utilities) with long lease available.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes


Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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agent

Nigel Wong

Realtor | License ID: 9598315

+1(647) 549-1865

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340 Kingswood DR