CENTURY 21 PEOPLE'S CHOICE

$699,000

340 Kingswood Drive, Kitchener, Ontario

Property

MLS® Number: 40707795

Address: 340 Kingswood Drive

City: Kitchener

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.

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Abby Tallach
Abby Tallach

REALTOR®

RE/MAX Escarpment

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