Toronto W06 M8W 2B1

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Bathrooms: 1
Pets: Pets No

Financials

Price:C129,000
($92,149)
(€79,435)
505 Park Ave, New York, NY 10022

Description

Discover a rare and lucrative opportunity to own a well-established convenience store in a prime Toronto location. This turnkey operation is a cash-flow positive business with immense potential, $7,000 - $8,000 /Weekly, Cigarettes account for a 25% of sales, OLG commission that more than covers the entire monthly rent of $2,260, current lease is 4.5 years + 5, Brand new 5+5 Lease agreement is available from the nice landlord, extra income through a Neighbour Pudo station, a Bitcoin machine, and DHL services, creating multiple pillars of profit.The current business hours (Mon-Fri 11 am-8:30 pm, Sat-Sun 11 am-8 pm, closed holidays) present an immediate opportunity to increase revenue by extending operating hours, including evenings and holidays.Inside Vape Store, An additional revenue driver is already in progress! A dedicated vape store is nearly complete inside the main retail space, offering a modern, high-margin service ready to be launched by the new owner, tapping into a profitable market from the start.

Discover a rare and lucrative opportunity to own a well established convenience store in a prime Toronto location.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.