H-30 Rymal Road East, Hamilton | Image 1

H-30 Rymal Road East

Hamilton, Allison

  • Commercial

$249,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X9041873

  • Days on Site: 21 Days

  • Added: Jul 16, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX REAL ESTATE CENTRE INC.

Don't miss out on this well-established convenience store and vape shop located in a high-traffic area on Rymal Rd. E. near Upper James St. Situated in a bustling plaza next to McDonald's, this profitable business boasts strong sales in confectioneries, drinks, and high-volume lotto sales, with an average monthly commission of $3,500. It generates $18,000 monthly from the vape store and $19,000 monthly from the convenience store. Additionally, the ATM and Bitcoin contribute $500 monthly. Looking ahead, the potential for growth is substantial, particularly with extended business hours and the anticipated liquor license starting in September 2024, which will introduce a lucrative new revenue stream. The remaining lease is valid until November 30, 2025, with two 5-year renewal options. Monthly rent plus TMI is $5,900 plus HST. This business offers lots of potential for further growth and profitability. Please do not go direct. Take advantage of this incredible business opportunity today!

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Hamilton

  • Community: Allison

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Taxes Type: T.M.I.

Land

  • Cross Street: Upper James & Rymal

  • Municipality District: Hamilton

  • Sewer: Sanitary

  • Zoning: Commercial

Additional Media

  • Virtual Tour: https://unbranded.mediatours.ca/property/30-rymal-road-east-hamilton/

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1800

  • Retail Area Metric: Sq Ft

  • Total Area: 1800

  • Total Area Metric: Sq Ft

  • Hours Open: 8AM - 1

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: Y

  • LLBO: N

Map of H-30 Rymal Road East, Hamilton
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For Sale
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$249,777
  • 0 bath
  • 0 bed

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