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$ 110,000
Est. payment /mo
New
87 Kent ST Port Colborne, ON L3K 2Z6
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 878 - Sugarloaf
MLS Listing ID X13440634
Annual Tax Amount $5,850
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Jasmine's Variety - No Franchise Fees and long-term lease Option. Located in the heart of Jasmine's Variety - No Franchise Fees and no long-term lease Option. Located more than 21 years. Annual store sales are approximately $300,000 (excluding Lotto), with seasonal flower sales exceeding $20,000 annually and strong profit margins. Lotto commission is approximately $32,000 per year, which effectively covers the current occupancy cost of approximately $3,200 per month including TMI and HST. Additional income is generated through Bitcoin and ATM commissions, helping offset other operating expenses. The property features over 2,000 sq. ft. of retail space and 8 parking spaces. Excellent growth potential by adding Vape products, U-Haul, courier services, MoneyGram, and other complementary services. Ideal opportunity for an owner-operator, family business, or investor seeking a profitable operation with multiple income streams. Financial statements available to qualified buyers upon request. Don't miss this exceptional opportunity.
Location
State ON
County Niagara
Area Niagara
Interior
Cooling Partial
Exterior
Lot Frontage 47.5
Lot Depth 66.72
Others
ParcelsYN No
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.