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A5 - 1400 WEBER Street

A5 - 1400 WEBER Street

Kitchener, Ontario

Business

$175,000

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.

Price History

Community

Postal area N2A

Population
32,454
Private dwellings
12,178
Median age
39.2
Average household size
2.7
Median household income
$96,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Business in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,931
Median days on market
20
Sale-to-list price
101.0%

Based on 1,931 recorded sales of business properties in Kitchener over the last 12 months.

Walk Score

75

Walk

58

Transit

56

Bike

Scores by Walk Score®

Location

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