Toronto - Danforth
Toronto - Danforth
Listed For $198,000
Get Pre-approvedSold Conditional
Motivated seller offering a high-profit grocery store for sale in one of Toronto busiest areas. This store is located on a prime street surrounded by subway stations, banks, restaurants, Pizza Pizza, and many other businesses, ensuring consistent high foot traffic. The business generates monthly gross sales of approximately $36,000 with 50 to 60% profit margins, plus an additional $1,000 to $1,500 in lotto commissions. The store is well equipped with a 10 x 12 ft walk-in cooler, multiple small fridges, and a basement for storage purposes. With low rent and a secure lease term of 3 + 5 years remaining, the business offers stable income and strong cash flow. There is also significant potential for growth a new owner can expand services by adding tobacco, liquor, and other convenience items.
* Values are estimates only and not a guarantee of lending or affordability.