Big Bear Food Mart, 45 Kenilworth Ave N, Hamilton
C$499,000
Convenience store business(without property) for sale. Nice Corner in a strip plaza located on a high traffic street. Ample parking. Plaza surrounds with residential area. Large 2450 rentable area. 24 hours open store, owner may change work hours. No monthly/annual franchise fees. Buyer needs approval from the franchisor. Please do not visit the store without appointment.
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Annual gross revenue approx $1.1M(Cig 25-30%,Liquor 25-30%)
- Lottery comn approx $6000/Mth
- Other income from ATM,Bitcoin approx $1450/Mth
- Current rent approx $8060/Mth incl TMI
- Long lease, current term until 31May2030 + 5 +5
- Hydro approx $1000/mth
- Inventory value approx $150K
Potential to add vape store, extra door already exists.
