Open 24 hours. Franchised convenience store located in a student residence in Kitchener.
Hands Off automated store so you only are at the store when stocking up, receiving deliveries or doing inventory. OLG & Liquor machine in discussion.
The store is under own branding. It can be run as automated or physical as you want it.
Good support from landlord and Franchise is a licensed model so no royalties only a flat reasonable monthly fee.
Low minumum rent of $3k including hst and TMI.
Sales are roughly 16-18k a month in winter & 11-14k in summer with 50-70% margins.
Price reasonably for a fast sale. Financials disclosed upon NDA/proff of funds credibility.
Price inclusive of all inventory. Additonal one time 20k licensing fee to be paid on purchase price.
