2186 EGLINTON AVENUE W Active

Toronto (briar Hill-belgravia),ON M6E2L1

$ 75000

- Bed

1 Bath

1000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $75

Subdivision Briar Hill-Belgravia

MLS Listing ID W9363503

Originating Board Toronto Regional Real Estate Board

Property Description

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. (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

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