155 Concession Street, Kingston (East of Sir John A. Blvd) - Business for Sale
155 Concession Street, Kingston (East of Sir John A. Blvd), Ontario, K7K2B1
Description
Excellent opportunity to acquire a well-established convenience store in a high-traffic residential and commercial area of Kingston. This successful, turn-key business has built a loyal customer base, generating consistent repeat business and stable cash flow. It is an ideal opportunity for a family business or an owner-operator. Business Highlights: Annual Net Sales Approximately $1.1 million, Lotto Commission Approximately $2200 per month, Additional Income Approximately $700 per month. Lease Term Until SEP 2027, with two further rights of renewal for two additional terms of five years. Low Rent $3500/month plus HST and TMI. This business also provide skip, uber and u-haul services as well. Financial statements and a complete equipment list will be provided to the buyer upon acceptance of an offer. Don't miss this outstanding opportunity to own a profitable, established business in a prime Kingston location. (id:66096)
Property Details
- MLS®
- X13582550
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- A5
- Heating
- No heat
- Cooling
- Fully air conditioned
- Listed
- 107 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 107 days on market, against an average age of 86 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Kingston (East of Sir John A. Blvd) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K7K)
This home lists at $379,900, about 5.7× the local median household income of $67,000.
Carrying it typically needs a household income of about $74,208 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
- Median household income
- $67,000
- Population
- 33,705
- Median age
- 37.2
- Owner / renter
- 44% / 56%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA K7K)
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$379,900
Kingston