Key Highlights:
* Prime Location: Situated in the bustling downtown area of Niagara Falls, attracting both locals and tourists.
* Minimal Rent: Low monthly rent ensures higher profitability.
* Revenue Potential: Numerous opportunities to introduce new services and products to increase cash flow.
Opportunity:
* Close Proximity to newly established Niagara Fall university.
* Opportunity to add vending machines.
* Option to add atm for additional revenue.
* Opportunity to add fresh foods and household items.
This is a well-established business with a solid customer base and consistent revenue streams. The store is fully equipped and operational, making it a turn-key opportunity for the right buyer.
Location: 4623 Victoria Ave, Niagara Falls, ON
*Total Sales (Jan 1, 2023 - Dec 31, 2023):* $225k
Product Breakdown:
- Tobacco: Strong sales with a consistent customer base.
- Grocery: High-margin items contributing significantly to overall profits.
- Lotto: Steady commission earnings from lottery sales.
Additional Revenue:
- U-Haul: Reliable annual commissions from U-Haul services.
- Passport Pictures: High-profit margin on passport photo services.
- Cashback Fees: Steady income from cashback services.
Expenses:
- Rent: Affordable monthly rent with additional TMI costs.
- Utilities: Manageable annual utility costs.
- Internet and Phone: Low annual costs for essential services.
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