This convenience store is located in a densely populated area of York. It is a mere 5-minute walk from a new subway station currently under construction. The store spans 1,000 square feet and generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries contribute approximately 30%. Annual lottery commission stands at $31,069. The monthly rent is $3,390, inclusive of TMI and HST. A new lease is available. The store's current operating hours are Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM (relatively short hours of operation). The current owner has operated the store for 15 years and is looking to retire. A new owner could expand the business by increasing operating hours and introducing new products and services, such as applying for a liquor license to sell alcohol or adding electronic cigarettes. There is significant potential for sales growth.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
PT LT 266 PL 1855 TWP OF YORK AS IN TB37795 (FIRSTLY ),S/T & T/W TB37795; TORONTO (YORK) , CITY OF TORONTO
Occupancy
Owner
Possession Date
TBD
Taxes (2023)
$1,000
Tax Type
Annual
Directions/Cross Streets
Eglinton Ave W & Caledonia Rd
Neighbourhood
Briar Hill-Belgravia
Area
Toronto
Price History
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Detailed Information
Freestanding
N
Bathrooms
1
Lot
17.16 x 72 ft
Retail Area
800 ft2
Total Area
1,000 ft2
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
Street
Days Open
7
Hours Open
9AM - 8
LLBO
N
Employees
1
Heat Type
Gas Forced Air Open
Financial Statement
N
Outside Storage
N
Area Influences
Subways
Sprinklers
N
Sewers
Sanitary
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
CR2.5 Commercial Residential
Seller Property Info Statement
N
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