$99,000 +stock FOR SALE

Franchise Business for Sale


Total Area: 508 ft2

200 Consilium Pl #8
Toronto, ON M1H 3E4 | Woburn

Bright & Spacious Gateway Newstand Located In Prime Office Towers Connected To 3 Buildings. Easy 5 Days/Week Operation With Short Executive Hours. All Executive Office Customers. Prime Monopoly Location (The Only Convenience & Lotto Machine For All Connected Buildings). Recent Renovations Done In Oct 2018 With $50K Spent. Same Owner For 20 Years. Store Sells Smokes, Candies, Chocolates, Cold Drinks, Ice Cream, Magazines, Patties, Etc. Extra Income From Lotto.

Strong Sales With High Profit Margins Of Between 50%-60% Plus Big Margins On Tobacco. Lotto Commission Avg $1,500/Month; Rent $4650/Month Includes T.M.I.; Royalty 3.5% Of Gross Sales + 10% Lotto Commissions. Lease 11 Years.


MLS® Listing Number E4381524
Last Updated Mar 13, 2019
Property Summary
Property Type Business For Sale
Use Convenience/Variety
Franchise Franchise
Business/Building Name Gateway Newstand
Category Without Property
Occupancy Owner
Possession Date Immediate
Directions/Cross Streets Mccowan/Progress
Community Woburn
Area Toronto
Price History
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Detailed Information
Total Area 508 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 5
Hours Open 8Am-6Pm
Employees 1
Heat Type Gas Forced Air Open
Financial Statement Y
Area Influences Major Highway, Public Transit
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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