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$200,000
Available - For Sale
Listing ID: E12421747
Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy Plaza with McDonald, Tim Hortons and freshCo, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. Current average weekly sales are approximately $13,000 (with about 40% from cigarettes), plus lottery commissions of $6,000/month And another $1,000 from ATM, Bitcoin, Cig. rebate and Cig. cartoon sale), Operating costs are low, averaging $1,000/month for utilities and other expenses. A brand-new 5+5 year lease is in place at $5.797.73/month net-net rent. The business currently operates limited hours (7 AM-10 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity, offering growth potential and a solid foundation. Current owner run this business for 28 Years and he only worked from 7Am-2:30Pm Monday to Friday.
Price $200,000
Taxes: $0
Tax Type: N/A
Occupancy by: Tenant
Address: 2480 Gerrard Stre East , Toronto, M1N 4C3, Toronto
Postal Code: M1N 4C3
Province/State: Toronto
Directions/Cross Streets: Victoria Park / Gerrard E
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Without Property
Use: Convenience/Variety
Total Area: 1,800
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 7am-10p
Employees #: 1
Seats: 0
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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HOMEART REALTY SERVICES INC.

2480 Gerrard Stre East , Toronto, M1N 4C3, Toronto


 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E06
Neighbourhood: Birchcliffe-Cliffside
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