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SaleSale Of Business

380 Dixon Road

Toronto W09, ON M9R 1T3

Price

$129,500

Building Size

1,500 sq ft

MLS# W13797048 | Listed by HOMELIFE/MIRACLE REALTY LTD

Business Details

Business Type

Convenience/Variety

Property Use

Without Property

Hours / Days

Open 6 Days

Franchise

No

Commercial Space & Financials

Retail Area

1,500 sq ft

Industrial Specifications

Structure

Freestanding

Property Description

Rare opportunity to acquire a 25+ year established neighborhood convenience store in a highly concentrated residential location in Etobicoke. The store is strategically located between three condominium buildings with 850+ residential units, creating a strong built-in neighborhood customer base and consistent demand for everyday convenience products.The business has also demonstrated significant sales growth under the current ownership. Sales have since grown to approximately $6,500-$6,700 per week, despite the store operating only 6 days per week and being closed every Sunday. Only ~26% cigarette sales, Beer & Wine Sales growing month over month due to recent closure of beer store, creating increased demand and customer traffic. OLG Lotto + ATM income of approximately $1,300/month, Only $2,500/month rent including TMI, HST and utilities, Printing and passport-photo services recently added, Fully turnkey operation with a well-stocked inventory of groceries, household essentials, snacks, beverages, ice cream, and everyday convenience products. Opportunity for the Next Owner: A buyer is acquiring more than just inventory and equipment - they are acquiring a 25+ year established location, an existing customer base, proven sales growth and a very low occupancy cost. Current Lease: 2+5 years. There is also further upside through continued development of liquor sales, higher-margin products, additional services and potentially expanding operating hours.

Price & Status History

Price history is locked

Location

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380 Dixon Road, Toronto W09 M9R 1T3

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Listing Courtesy of: HOMELIFE/MIRACLE REALTY LTD

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