30 RYMAL Road E Unit# H, Hamilton

2024-09-17
 

Quick Summary

Location
30 RYMAL Road E Unit# H, Hamilton, Ontario L9B1T7
Price
$249,999 CAD
Status:
For Sale
Property Type:
Business
Area:
1800ft2
Video Link:

MLS®#XH4200352

Property 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! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Basement Type: None
  • Fireplace: No
  • Interior Size: 1800 sqft
  • Utility Water: Municipal water

Land

  • Land Size: Unknown
  • Sewer: Sanitary sewer

Information entered by RE/MAX Real Estate Centre Inc.
Listing information last updated on: 2024-10-06 04:46:44


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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