8 KING Street E

Kitchener, Ontario

N2G2K6
25,000
Business
The New York Rock, located in the centre of downtown Kitchener, right at the intersection of Queen St and King St. This 1000 sq ft store will be a turn key operation for someone who is knowledgeable with smoking accessories and products (purchase price includes branding and chattels). This well established business has been around for almost 40 years. Existing shelves and cabinets are also great for making the store into a variety or convenience store as there is no competing business in the area. Great investment opportunity for anyone who is looking to start their own business or expand their existing investment landscape. Capital investment can be fully recovered in less than one year. The business has an excellent reputation and stable customer flow. Currently it only opens from 12PM to 8PM, and that's enough to produce six-figure net income. Unfinished basement provides plenty of potential storage space. Current rent is $2200/month and the landlord agrees to freeze the rent for two years. Please note cannabis business will NOT be allowed. (id:6355)

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