155 Concession Street, Kingston, ON K7K 2B1

$379,900

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Property 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.

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Listing courtesy of Re/Max Quinte Ltd..