2480 Gerrard Street E
Toronto E06, ON M1N 4C3
Price
$99,000
Building Size
1,800 sq ft
MLS# E14146166 | Listed by HOMEART REALTY SERVICES INC.
Business Details
Business Type
Convenience/Variety
Property Use
Without Property
Franchise
No
Commercial Space & Financials
Retail Area
1,600 sq ft
Property Description
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 4 years lease is in place at $5.971.67/month net-net rent Plus TMI($2109). 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 & Status History
Price history is locked
Location
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2480 Gerrard Street E, Toronto E06 M1N 4C3
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Listing Courtesy of: HOMEART REALTY SERVICES INC.
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