#A5 1400 WEBER Street East, Kitchener - Business for Sale
#A5 1400 WEBER Street East, Kitchener, Ontario, N2A3Z8
Description
Outstanding opportunity to acquire a well-established convenience/variety store located in a densely populated and growing neighborhood. This versatile business offers multiple revenue streams and significant growth potential for an owner-operator, family business, or investor. The store is strategically positioned to benefit from strong local demand and continued residential expansion, with several new condominium developments underway nearby that are expected to further increase customer traffic and sales. The approximately 1,500 sq. ft. premises includes a dedicated retail area currently set up for vape product sales, providing additional revenue opportunities. The business is well-positioned for expansion into complementary product categories, subject to required approvals and licensing. Current Additional Monthly Revenue Sources Include: Liquor sales commissions: approximately $1,890 – $2,000/month Cigarette sales profits: approximately $1,050 – $1,550/month Lottery commissions: approximately $1,200 – $1,550/month This is an ideal opportunity for a motivated entrepreneur seeking a profitable business with established income, multiple revenue streams, and excellent future upside in a rapidly developing community. (id:66096)
Property Details
- MLS®
- 40836621
- Property Type
- Business
- Basement
- None
- Listed
- 153 days ago
Market Timing
Long Listed: 153 days on market, against an average age of 53 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 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Kitchener 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 (N2A)
This home lists at $165,000, about 1.7× the local median household income of $96,000.
Carrying it typically needs a household income of about $32,230 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $96,000
- Population
- 32,454
- Median age
- 39.2
- Owner / renter
- 71% / 29%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA N2A)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$165,000
Kitchener