Profitable High-Traffic Mall Convenience Kiosk Established Lottery Retailer | 20+ year Operation History
Figures in Canadian dollars, as reported by the seller. What is SDE?
Highlights
- Established in 2016
About this business
Well established, easy to manage convenience and lottery kiosk positioned right inside a main entrance of a busy shopping centre in Kingston, On. Capturing immediate foot traffic from every shopper and mall employee entering and exiting the building, this prime location generates consistent year round cash flow with zero advertising required.
The owner answers
- Why are you selling?
- Health reasons.
- How long have you owned the business?
- 10 years, took over from a previous owner who ran it for another 10+ years
- How long will you train the new owner?
- 1 week
- Can I see the last three years of financial statements?
- After you sign an NDA.
Business details
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Partnership |
| Established in | 2016 |
| Type of business | Retail |
| Inventory includedInventoryThe stock the business holds to sell or use, such as products and supplies. Ask whether it is included in the asking price or priced on top, and have it counted at closing. | No |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
Premises
| Detail | Information |
|---|---|
| Lease | 2 years left, option to renew every 3-5 years |
| Property | Leased |
| Rent/Lease Amount | $6,368 CAD a month |
Buyer requirements
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
Location
Kingston, ON, Canada
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