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$40,000
Available - For Sale
Listing ID: W13231808
Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business for 12 years and is now planning to retire, creating a great chance for a new operator to take over and grow the business.Over the past year, ongoing road construction in the area has temporarily impacted customer traffic and sales. The store is currently generating approximately $15,000 in monthly sales, with cigarettes accounting for about 40% of revenue. In addition, the business earns steady lottery commission of approximately $3,000 per month, along with extra income from ATM, Bitcoin machine, and POS services, providing multiple revenue streams. Low rent of only $3,187/month, currently on a month-to-month basis, offers flexibility. A new 5-year lease is available for the buyer, providing long-term security and stability.There is significant room for growth. By expanding product offerings, adding new services, and extending operating hours, a new owner can substantially increase sales and profitability.Ideal for an owner-operator or family business. Don't miss this opportunity to own a stable business with strong potential for future growth in a prime Toronto location.
Price $40,000
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 830 Wilson Avenue , Toronto, M3K 1E5, Toronto
Postal Code: M3K 1E5
Province/State: Toronto
Directions/Cross Streets: Wilson Ave/ Dufferin St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Convenience/Variety
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 9-9
Employees #: 1
Seats: 0
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE LANDMARK REALTY INC.

830 Wilson Avenue , Toronto, M3K 1E5, Toronto

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W05
Neighbourhood: Downsview-Roding-CFB
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908