$170,000 FOR SALE

Franchise Business for Sale

Convenience/Variety

Total Area: 990 ft2
2023 Taxes: $18

834 College St
Toronto, ON M6H 1A2 | Palmerston-Little Italy

Franchised Ins Market Store On The Corner Of College St And Ossington, Turn Key Operation, AAA Location, Loyal Customers, High Walk In Traffic & High Exposure Area. Motivated Seller. Reason For Selling: Owner Moving Out Of Province. Two Employees, Great Potential With Owner Operator To Maximize. Sales Averaging 18k-20K/Weekly (per seller). Tobacco And Lotto Max Sales. Lease $5300/Month + Tax(13%). Lease 2 +5. Cigarette Companies: Ltl, Rbh, Jti, Markup 14-18%, Drinks Markup: 60-100%, Everything Else Markup 30-40%, Bitcoin Atm Revenue: $100 Per Month, Western Union 1.8% Commission, 990 Sq.Ft Of Interior Space + Storage room. Store Offers Cash Back Option with $2.5 Fee for Amount Less Than $100. Only Convenience/Variety Store in The Area. Gross Sales Around 65K per Month. Net Profit Of 8k-9k+ Monthly (Before Salaries). Opportunity Increase Net Profit With INS Franchise Approved For Alcohol/Liquor Sales Coming In September! Yours To Own This Spacious Store With A Lot Of Room to Add More Services Like a Coffee Machine To Make Even More Profit! Store Can Be Opened 24/7!

Extras
Brand New Fridge of $5000 Value Included

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9239229
Last Updated Aug 22, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Franchise
Category Without Property
PIN 212800285
Occupancy Owner
Possession Date 30/TBD
Taxes (2023) $18
Tax Type T.M.I.
Directions/Cross Streets College & Ossington
Neighbourhood Palmerston-Little Italy
Area Toronto
Price History
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Detailed Information
Bathrooms 1
Retail Area 990 ft2
Total Area 990 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Other
Days Open 7
Hours Open 8am-11p
LLBO N
Employees 2
Heat Type Gas Forced Air Open
Financial Statement Y
Area Influences Public Transit, Rec Centre
Seats 1
Water Municipal
Lot/Bldg/Unit Code Building
Zoning Commercial
Seller Property Info Statement N

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