$699,000
Est. payment /mo
New
340 Kingswood DR Kitchener, ON N2E 2K2
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UPDATED:
02/21/2025 04:13 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11980044
Annual Tax Amount $1,800
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Very Profitable Mobil Gas Station Business in a busy area of Kitchener, Ontario. This family-oriented business offers a great opportunity with modern Wayne pumps providing all gasoline grades. Located in a high-density area with excellent road exposure, the station generates approximately 4.5 million in annual gas volume. Yearly Inside revenue between $850K to $900K includes 40-45% from grocery sales (35%), 40-50% from tobacco (13%), Avg. 8% in lotto commissions. Additional revenue from ATM, Bitcoin, Propane, Towels, etc. Potential growth area to add Beer/Wine. Most attractive low rent of approx. $11K Per month (incl. TMI, HST, Utilities) with long lease available.
Location
Province ON
County Waterloo
Area Waterloo
Zoning Commercial
Interior
Cooling Yes
Inclusions 3 Fuel Tanks capacity of 40 + 40 + 40. Very attractive Fuel contract upto 2032
Exterior
Parking Features Outside/Surface
Community Features Public Transit
Utilities Available Yes
Building
Lot Description Lot
Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.