$63,000 FOR SALE

Business for Sale

Convenience/Variety

Lot: 17 x 95 ftTotal Area: 800 ft2

250 Browns Line
Toronto, ON M8W 3T5 | Alderwood

Located on Browns Line, main road connecting Hwy427 and lakeside in Etobicoke. Right between large mature residential and industrial areas. Has dense flow of people and occupies a favorable location. Has about 800 sq ft, an ATM, and a basement. Mainly engaged in groceries, lottery and tobacco. 300 sq ft of open space at front can add new garden business in summer. Space next to cashier allow for new vape business. 5 parking spaces on the side. Monthly rent is $2,100 + TMI ($700 - $800, includes water,), and lease expires in October 2025. Sign a new 5-year lease with landlord. Weekly sales are about $3,500, with groceries at 55% and tobacco at 45%. Lottery's monthly income is about $2,700, ATM's annual income is about $1,800, and Nevada's annual income is $1,500. The store owner operates it alone, with no additional staff. The owner took over the business in 2011 and has been running it for 13 years. There is still a lot of room for growth in the business!

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.

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Listed By REAL ONE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8129894
Last Updated Mar 18, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Business/Building Name Lucky J Variety Store
Category Without Property
PIN 075740296
Legal Description PT LT 11, CON 1 BROKEN FRONT , (AKA SDFL) PART 2, 64R3590 ; ETOBICOKE , CITY OF TORONTO
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Albright Ave & Browns Line
Neighbourhood Alderwood
Area Toronto
Price History
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Detailed Information
Freestanding N
Bathrooms 1
Lot 17 x 95 ft
Total Area 800 ft2
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 5
Days Open 7
Hours Open Varies
LLBO N
Heat Type Oil Hot Water
Financial Statement Y
Area Influences Public Transit
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Commercial Residential
Seller Property Info Statement N

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