Toronto - Kensington-Chinatown
Toronto - Kensington-Chinatown
Listed For $219,000
Get Pre-approvedAdded 1 month ago
Excellent opportunity of well-located convenience store on busy intersection. Annual sales excluding lotto is over $400,000, Lotto commission is $12000, and monthly Rent is $4945 including TMI and HST. Cigarettes is below 30%. This business offers a strong and consistent customer base. This high-visibility location benefits from steady neighbourhood foot traffic and is surrounded by residential and established local businesses. The current owner has increased foot traffic. The store also holds a liquor licence, allowing the new owner to sell permitted beverages. There is potential to expand product displays and add additional shelving/racks to further optimize retail space and product variety. A prime location with growing connectivity and multiple income opportunities.
* Values are estimates only and not a guarantee of lending or affordability.